Federated Investors (FII) Tops Q4 EPS by 3c
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January 28, 2016 4:17 PM EST
PITTSBURGH, Jan. 28, 2016 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today reported earnings per diluted share (EPS) of $0.46 for Q4 2015, up 21 percent from $0.38 for the same quarter last year on net income of $47.6 million for Q4 2015, compared to $39.6 million for Q4 2014. Federated reported 2015 EPS of $1.62, up 14 percent from $1.42 in 2014, on net income of $169.8 million, compared to $149.2 million for 2014.
Federated's total managed assets were $361.1 billion at Dec. 31, 2015, down $1.8 billion from $362.9 billion at Dec. 31, 2014 and up $10.1 billion or 3 percent from $351.0 billion at Sept. 30, 2015. Federated's equity and fixed-income... More
