Federated Investors (FII) Tops Q3 EPS by 2c

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Go back to Federated Investors (FII) Tops Q3 EPS by 2c

Federated Investors, Inc. Reports Third Quarter 2015 Earnings

October 22, 2015 4:16 PM EDT

PITTSBURGH, Oct. 22, 2015 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today reported earnings per diluted share (EPS) of $0.42 for Q3 2015, up 17 percent from $0.36 for the same quarter last year on net income of $44.1 million for Q3 2015, compared to $37.6 million for Q3 2014.  Federated reported YTD 2015 EPS of $1.17 compared to $1.05 for the same period in 2014 and YTD 2015 net income of $122.2 million compared to $109.6 million for the same period last year.

Federated's total managed assets were $351.0 billion at Sept. 30, 2015.  Total managed assets were down $1.3 billion from $352.3 billion at Sept. 30,... More