SEI Investments (SEIC) Misses Q4 EPS by 1c, Revenues Beat
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Revenue Growth %: +9.8%
Financial Fact:
Information processing and software servicing fees: 76.44M
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SEI Investments (NASDAQ: SEIC) reported Q4 EPS of $0.73, $0.01 worse than the analyst estimate of $0.74. Revenue for the quarter came in at $405.06 million versus the consensus estimate of $403.78 million.
"Our financial results reflect the positive growth of platform adoption across our business segments, as well as the capital markets' negative impact during the fourth quarter," said Alfred P. West, Jr., SEI Chairman and CEO.
"As we have said in the past, the wealth and investment management industries have headwinds to address and tailwinds to capitalize on. We believe our platforms position us well to enable our clients' success, while providing us growth opportunities that will lead to increased shareholder value."
For earnings history and earnings-related data on SEI Investments (SEIC) click here.
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