Federated Investors, Inc. Reports Third Quarter 2019 Earnings

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Federated Investors (FII) Tops Q3 EPS by 7c

October 24, 2019 4:31 PM EDT

Federated Investors (NYSE: FII) reported Q3 EPS of $0.72, $0.07 better than the analyst estimate of $0.65.

Federated's total managed assets were a record $527.2 billion at Sept. 30, 2019, up $90.0 billion or 21% from $437.2 billion at Sept. 30, 2018 and up $25.0 billion or 5% from $502.2 billion at June 30, 2019. Total average managed assets for Q3... More