SEI Investments (SEIC) Reports In-Line Q4 EPS

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SEI Reports Fourth-Quarter 2015 Financial Results

January 27, 2016 8:30 AM EST

OAKS, PA -- (Marketwired) -- 01/27/16 -- SEI Investments Company (NASDAQ: SEIC) today announced financial results for the fourth-quarter 2015. Diluted earnings per share were $.48 in fourth-quarter 2015 compared to $.45 in fourth-quarter 2014. Earnings were favorably impacted by the outcome of a state tax petition related to prior years which reduced the effective tax rate. Diluted earnings per share in fourth-quarter 2014 reflect an after-tax charge of approximately $10.7 million, or $.06 per share, related to a write down of an equity investment in a wealth services firm based in China.

Consolidated Overview (In thousands, except For the Three... More