SEI Investments Q2 Income Advances

(RTTNews) - SEI Investments (SEIC) announced earnings for its second quarter that increased from the same period last year.

The company's profit totaled $121.68 million, or $0.75 per share. This compares with $91.77 million, or $0.57 per share, in last year's second quarter.

Analysts had expected the company to earn $0.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 8.7% to $404.83 million from $372.33 million last year.

SEI Investments earnings at a glance:

-Earnings (Q2): $121.68 Mln. vs. $91.77 Mln. last year. -EPS (Q2): $0.75 vs. $0.57 last year. -Analysts Estimate: $0.76 -Revenue (Q2): $404.83 Mln vs. $372.33 Mln last year.