Federated Investors (FII) Tops Q4 EPS by 1c
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Federated Investors, Inc. Reports Fourth Quarter and Full-Year 2018 Earnings
January 24, 2019 4:25 PM ESTPITTSBURGH, Jan. 24, 2019 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII), one of the world's largest investment managers, today reported earnings per diluted share (EPS) for Q4 2018 of $0.61, down from $1.31 for the same quarter last year, on net income of $61.5 million for Q4 2018, compared to $131.8 million for Q4 2017. Full-year 2018 EPS was $2.18, down from $2.87 for 2017 on net income of $220.3 million for 2018, compared to $291.3 million for 2017. Federated's Q4 2017 and full-year 2017 results included $70.4 million of net income, representing $0.70 and $0.69 per share for Q4 2017 and full-year 2017, respectively, resulting from the enactment of the Tax... More

