SEI Investments (SEIC) Misses Q3 EPS by 3c

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SEI Reports Third-Quarter 2015 Financial Results

October 21, 2015 8:31 AM EDT

OAKS, PA -- (Marketwired) -- 10/21/15 -- SEI Investments Company (NASDAQ: SEIC) today announced financial results for the third-quarter 2015. Diluted earnings per share were $.47 in third-quarter 2015 compared to $.49 in third-quarter 2014. Third-quarter 2015 includes a charge against earnings of approximately $6.0 million, or $.02 diluted earnings per share, from the write off of certain assets related to the SEI Wealth Platform(SM).

Consolidated Overview For the Three For the Nine (In thousands, except Months Ended Months Ended earnings per share) September 30, September 30, 2015 2014 % 2015 2014 % -------- -------- -- -------- -------- -- Revenues $335,622 $322,047 4% $998,811 $943,248 6% Net income 79,425 83,983 (5)% 250,276 241,616 4% Diluted earnings per share $ 0.47 $ 0.49 (4)% $ 1.47 $ 1.39... More