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

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

Waddell & Reed Financial, Inc. Reports Second Quarter Results

August 1, 2017 6:45 AM EDT

OVERLAND PARK, Kan.--(BUSINESS WIRE)-- Waddell & Reed Financial, Inc. (NYSE: WDR) today reported second quarter 2017 net income1 of $23.3 million, or $0.28 per diluted share, compared to net income of $33.1 million, or $0.39 per diluted share, during the prior quarter and net income of $33.7 million, or $0.41 per diluted share, during the second quarter of 2016. The second quarter of 2017 included a tax charge of $8.9 million ($0.11 per diluted share) related to the implementation of new accounting guidance regarding the tax consequences of share-based payments. The second quarter of 2016 included severance charges of $16.9 million ($0.13 per diluted share) and a... More