Waddell & Reed Financial, Inc. Reports Second Quarter Results

Go back to Waddell & Reed Financial, Inc. Reports Second Quarter Results

Waddell & Reed (WDR) PT Lowered to $19 at Jefferies

August 2, 2017 8:37 AM EDT

Jefferies lowered its price target on Waddell & Reed (NYSE: WDR) to $19.00 (from $20.00) while maintaining a Hold rating.

WDR announced another round of cost cutting mainly focused at the broker dealer. A combination of reduced branches, lower interest exp, higher return on corporate cash... More

Waddell & Reed Financial (WDR) Reports Q2 EPS of 28c

August 1, 2017 6:49 AM EDT

Waddell & Reed Financial (NYSE: WDR) reported Q2 EPS of $0.28, may not compare to the analyst estimate of $0.38. Revenue for the quarter came in at $286.7 million versus the consensus estimate of $285.02 million.

For earnings history and earnings-related data on Waddell & Reed Financial (WDR) click here.

... More