Federated Investors (FII) Tops Q4 EPS by 1c

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Go back to Federated Investors (FII) Tops Q4 EPS by 1c

Federated Investors, Inc. Reports Fourth Quarter and Full-Year 2016 Earnings

January 26, 2017 4:16 PM EST

PITTSBURGH, Jan. 26, 2017 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today reported earnings per diluted share (EPS) of $0.52 for Q4 2016, up 13 percent from $0.46 for the same quarter last year on net income of $55.8 million for Q4 2016, compared to $47.6 million for Q4 2015.  Federated reported 2016 EPS of $2.03, up 25 percent from $1.62 in 2015, on net income of $208.9 million for 2016, compared to $169.8 million for 2015.

Federated's total managed assets were $365.9 billion at Dec. 31, 2016, up $4.8 billion from $361.1 billion at Dec. 31, 2015 and up $1.6 billion from $364.3 billion at Sept. 30, 2016.  Federated's equity and fixed-income managed... More