26.01.2022 22:03:40
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SEI Investments Profit Rises In Q4, Beats estimates
(RTTNews) - SEI Investments (SEIC) released a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's bottom line came in at $145.30 million, or $1.03 per share. This compares with $125.88 million, or $0.86 per share, in last year's fourth quarter.
Analysts on average had expected the company to earn $0.96 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 13.1% to $501.65 million from $443.72 million last year.
SEI Investments earnings at a glance (GAAP) :
-Earnings (Q4): $145.30 Mln. vs. $125.88 Mln. last year. -EPS (Q4): $1.03 vs. $0.86 last year. -Analyst Estimate: $0.96 -Revenue (Q4): $501.65 Mln vs. $443.72 Mln last year.
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