Federated Investors (FII) Tops Q3 EPS by 3c

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Go back to Federated Investors (FII) Tops Q3 EPS by 3c

Federated Investors, Inc. Reports Third Quarter 2017 Earnings

October 26, 2017 4:17 PM EDT

PITTSBURGH, Oct. 26, 2017 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today reported earnings per diluted share (EPS) of $0.56 for Q3 2017, compared to $0.54 for the same quarter last year on net income of $56.4 million for Q3 2017, compared to $54.9 million for Q3 2016. Federated reported YTD 2017 EPS of $1.57, compared to $1.48 for the same period in 2016 on YTD 2017 net income of $159.5 million compared to $153.1 million for the same period last year.

Federated's total managed assets were $363.7 billion at Sept. 30, 2017, down $0.6 billion from $364.3 billion at Sept. 30, 2016 and up $3.3 billion or 1... More