SEI Investments Co expected to post earnings of 82  cents a share - Earnings Preview

SEI Investments

18/04/2023 21:34

* SEI Investments Co  SEIC.OQ   SEIC.O  is expected to show
a fall
in quarterly revenue when it reports  results on April 20. 
    * The Oaks Pennsylvania-based  company is expected to report
 a
19.5% decrease in revenue to $467.832 million from $581.44
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for SEI Investments Co
is for
earnings of 82 cents 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 had risen by
about 0.5%
in the last three months. ​
    * Wall Street's median 12-month price target for SEI
Investments
Co is $63​, above​ its last closing price of $58.02. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.81        0.80       0.83      Beat    4.3
 Sep. 30 2022  0.62        0.68       0.45      Missed  -33.3
 Jun. 30 2022  0.83        0.83       0.81      Missed  -2.2​
 Mar. 31 2022  1.43        1.37       1.36      Missed  -0.9
 ​​Dec.        0.97        0.97       1.03      Beat    6.7
 31 2021                                                
 Sep. 30 2021  0.96        0.96       0.97      Beat    1.6​
 Jun. 30 2021  0.92        0.92       0.93      Beat    1.1
 Mar. 31 2021  0.89        0.88       0.89      Beat    0.8
 This summary was machine generated April 18 at 20:34 GMT.  All
figures in US dollars  unless otherwise stated