SEI Investments Reveals 15% Gain In Q1 Bottom Line

(RTTNews) - SEI Investments (SEIC) reported a profit for its first quarter that increased compared to the same period last year.

The company said its bottom line came in at $88.74 million, or $0.55 per share. This was up from $77.50 million, or $0.47 per share, in last year's first quarter.

Analysts had expected the company to earn $0.52 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.7% to $359.98 million. This was up from $334.26 million last year.

SEI Investments earnings at a glance:

-Earnings (Q1): $88.74 Mln. vs. $77.50 Mln. last year. -Earnings Growth (Y-o-Y): 14.5% -EPS (Q1): $0.55 vs. $0.47 last year. -EPS Growth (Y-o-Y): 17.0% -Analysts Estimate: $0.52 -Revenue (Q1): $359.98 Mln vs. $334.26 Mln last year. -Revenue Change (Y-o-Y): 7.7%