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

SEI Investments

20/04/2023 22:01

* SEI Investments Co  SEIC.OQ  reported quarterly adjusted
earnings of 79 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 82 cents per share.
    * Revenue fell 19.3% to $469.12 million from a year ago;
analysts
expected $467.83 million. 
    * SEI Investments Co's reported EPS for the quarter was 79
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * SEI Investments Co shares had risen by 3.2% this
quarter and
gained 1.9% so far this year.
    * The company reported quarterly net income of $107.02
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," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 20 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.82           0.79           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