Federated Investors (FII) Tops Q3 EPS by 4c

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Go back to Federated Investors (FII) Tops Q3 EPS by 4c

Federated Investors, Inc. Reports Third Quarter 2018 Earnings

October 25, 2018 4:17 PM EDT

PITTSBURGH, Oct. 25, 2018 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today reported earnings per diluted share (EPS) of $0.59 for Q3 2018, compared to $0.56 for the same quarter last year on net income of $59.6 million for Q3 2018 compared to $56.4 million for Q3 2017.  Federated reported EPS of $1.57 for both YTD 2018 and 2017 on YTD 2018 net income of $158.8 million compared to $159.5 million of net income for the same period last year.  The results in this press release include the acquisition of Hermes Fund Managers Limited (Hermes), beginning July 1, 2018.

Federated's YTD 2018 results... More