SEI Investments Co reports results for the quarter ended in December - Earnings Summary

SEI Investments

25/01/2023 22:01

* SEI Investments Co  SEIC.OQ  reported quarterly adjusted
earnings of 83 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 80 cents per share.
    * Revenue fell 9% to $456.59 million from a year ago;
analysts
expected $454.51 million. 
    * SEI Investments Co's reported EPS for the quarter was 83
cents​.
    * The mean earnings estimate of analysts had risen by
about 3.2%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * SEI Investments Co shares had risen by 7.3% this quarter.
    * The company reported quarterly net income of $112.22
million.
    * Wall Street's median 12-month price target for SEI
Investments
Co is $63.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
25 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.80           0.83           Beat
 Sep. 30 2022      0.68           0.45           Missed
 Jun. 30 2022      0.83           0.81           Missed
 Mar. 31 2022      1.37           1.36           Missed