Westwood Holdings Group (WHG) Reports Q3 EPS of $0.87
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Westwood Holdings Group, Inc. Reports Third Quarter 2015 Results
October 28, 2015 4:15 PM EDTQuarterly Dividend Increased 14%
DALLAS--(BUSINESS WIRE)-- Westwood Holdings Group, Inc. (NYSE: WHG) today reported that third quarter 2015 revenues rose 15% to $32.5 million, a $4.4 million increase compared to revenues of $28.1 million in the third quarter of 2014, with $2.5 million of the increase attributable to the Woodway acquisition. Assets Under Management ("AUM") totaled $20.4 billion at September 30, 2015.
Third quarter 2015 net income of $7.0 million was relatively flat versus the third quarter of 2014. Diluted earnings per share (Diluted EPS) was $0.87, compared to Diluted EPS of $0.92 for the same period of the prior year, primarily due to an... More
