Waddell & Reed Financial, Inc. Reports Second Quarter Results

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Waddell & Reed Financial (WDR) Tops Q2 EPS by 7c, Revenues Beat

July 31, 2018 6:46 AM EDT

Waddell & Reed Financial (NYSE: WDR) reported Q2 EPS of $0.55, $0.07 better than the analyst estimate of $0.48. Revenue for the quarter came in at $295.34 million versus the consensus estimate of $289.16 million.

We continue to be focused on managing our product line to ensure its competitiveness. Strengthening our... More