SEI Investments (SEIC) Misses Q3 EPS by 4c, Revenues Beat

SEI Investments (NASDAQ: SEIC) reported Q3 EPS of $0.75, $0.04 worse than the analyst estimate of $0.79. Revenue for the quarter came in at $424.93 million versus the consensus estimate of $418.13 million.

"The pandemic continues, as does our focus on clients and our employees' health and safety. We are fortunate to have a strong global workforce that is resilient, engaged and dedicated to providing our clients best-in-class service, and committed to our company's growth. Words can't express our appreciation for their efforts, along with all of the healthcare and service providers who look after our health and well-being," said Alfred P. West, Jr., SEI Chairman and CEO.

"Our business continued to rebound during the quarter, as our markets adjusted to the current environment. Our financial results reflect our strong sales activity, while we invest in our strategic priorities. Our diverse and talented global workforce drives our ability to serve our clients and make an impact on our communities. Looking to the future, we will capitalize on the opportunities in our markets to deliver long-term value to our shareholders, employees and clients."

For earnings history and earnings-related data on SEI Investments (SEIC) click here.

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