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

SEI Investments

25/10/2023 22:02

* SEI Investments Co  SEIC.OQ  reported quarterly adjusted
earnings of 87 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 87 cents per share.
    * Revenue rose 1.2% to $476.76 million from a year ago;
analysts
expected $482.52 million. 
    * SEI Investments Co's reported EPS for the quarter was 87
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.3%
in the last three months.​ 
    * In the last 30 days, six analysts negatively revised
earnings
estimates 
    * SEI Investments Co shares had fallen by 9.5% this
quarter and
lost 6.5% so far this year.
    * The company reported quarterly net income of $115.66
million.
    * Wall Street's median 12-month price target for SEI
Investments
Co is $65.00 
    * 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
October 25 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.87           0.87           Met
 Jun. 30 2023      0.86           0.89           Beat
 Mar. 31 2023      0.82           0.79           Missed
 Dec. 31 2022      0.80           0.83           Beat