Waddell & Reed Financial, Inc. Reports First Quarter Results

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Waddell & Reed Financial (WDR) Misses Q1 EPS by 3c

May 2, 2017 6:50 AM EDT

Waddell & Reed Financial (NYSE: WDR) reported Q1 EPS of $0.39, $0.03 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $287 million versus the consensus estimate of $284.01 million.

Flow pressure continues to ease as redemptions from some of the largest sources of outflows... More