Federated Investors (FII) Tops Q3 EPS by 7c

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Go back to Federated Investors (FII) Tops Q3 EPS by 7c

Federated Investors, Inc. Reports Third Quarter 2019 Earnings

October 24, 2019 4:17 PM EDT

PITTSBURGH, Oct. 24, 2019 /PRNewswire/ -- Federated Investors, Inc. (NYSE: FII), a leading global investment manager, today reported earnings per diluted share (EPS) of $0.72 for Q3 2019, compared to $0.59 for the same quarter last year, on net income of $73.0 million for Q3 2019, compared to $59.6 million for Q3 2018. Federated reported YTD 2019 EPS of $1.88, compared to $1.57 for the same period in 2018, on YTD 2019 net income of $190.2 million, compared to $158.8 million for the same period in 2018. Federated's YTD 2018 results included a $27.2 million pre-tax net expense, representing $0.21 per diluted share net of tax, primarily related to two foreign... More