Federated Investors (FII) Tops Q2 EPS by 2c
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Federated Investors, Inc. Reports Second Quarter 2019 Earnings; Managed Assets Reach Record $502.2 billion
July 25, 2019 4:49 PM EDTPITTSBURGH, July 25, 2019 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII), one of the world's largest investment managers, today reported earnings per diluted share (EPS) of $0.62 for Q2 2019, compared to $0.38 for the same quarter last year, on net income of $62.7 million for Q2 2019, compared to $38.8 million for Q2 2018. Federated reported YTD 2019 EPS of $1.16, compared to $0.98 for the same period in 2018, on YTD 2019 net income of $117.3 million, compared to $99.2 million for the same period in 2018. Federated's Q2 2018 and YTD 2018 results included a $27.2 million pre-tax net expense, representing $0.21 per diluted share net of tax, primarily... More
