Waddell & Reed Financial (WDR) Tops Q1 EPS by 3c, Revenues Beat
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Waddell & Reed Financial, Inc. Reports First Quarter Results
April 28, 2020 6:45 AM EDTOVERLAND PARK, Kan.--(BUSINESS WIRE)-- Waddell & Reed Financial, Inc. (NYSE: WDR) today reported first quarter 2020 net income1 of $22.0 million, or $0.32 per diluted share, compared to net income of $15.9 million, or $0.23 per diluted share, during the prior quarter and net income of $32.1 million, or $0.42 per diluted share, during the first quarter of 2019.
Philip J. Sanders, Chief Executive Officer of Waddell & Reed Financial, Inc. said, The COVID-19 pandemic has required that we, and the world, navigate an extraordinarily complex and rapidly changing environment. In the midst of this, our Company has proactively implemented a... More
