BrightSphere Investment (BSIG) Tops Q1 EPS by 4c

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BrightSphere Reports Financial and Operating Results for the First Quarter Ended March 31, 2018

May 3, 2018 7:53 AM EDT

U.S. GAAP EPS of $0.52 per share, up 173.7% from Q1 2017; U.S. GAAP earnings of $57.3 million, up 167.8% Economic net income EPS of $0.50 per share, an increase of 47.1% from Q1 2017 and economic net income of $54.9 million, an increase of 41.1% from Q1 2017 Net client cash flows (NCCF) for the quarter of $1.9 billion yielding an annualized revenue impact of $19.0 million AUM of $240.1 billion at March 31, 2018, a decrease of (1.2)% from December 31, 2017 and a decrease of (3.8)% from March 31, 2017 Increase in quarterly dividend to $0.10 per share, up... More