SEI Investments Co expected to post earnings of $1.07 a share - Earnings Preview

SEI Investments

21/10/2024 22:59

* SEI Investments Co  SEIC.OQ   SEIC.O  is expected to show
a rise
in quarterly revenue when it reports  results on October 23 for
the period ending September 30 2024
    * The Oaks Pennsylvania-based  company is expected to report
a
11.9% increase in revenue to $533.423 million from $476.76
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Revenues)
    * ​LSEG's mean analyst estimate for SEI Investments Co is
for
earnings of $1.07 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for SEI
Investments
Co is $73.50​, above​ its last closing price of $73.35. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   1.05        1.05       1.05      Met     0.5
 Mar. 31 0001  0.98        0.98                         1.2
 Dec. 31 2023  0.92        0.92       0.91      Missed  -1.3​
 Jun. 30 2023  0.87        0.87       0.87      Met     0.4
 ​​Jun.        0.86        0.86       0.89      Beat    
 30 2023                                                
 Jan. 1 0001   0.82        0.82       0.79      Missed  -4​
 Dec. 31 2022  0.81        0.80       0.83      Beat    4.3
 Sep. 30 2022  0.62        0.68       0.45      Missed  -33.3
 This summary was machine generated October 21 at 21:59 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)