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SEIC — SEI Investments News Story

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SEI Investments Co reports results for the quarter ended March 31 - Earnings Summary

SEI Investments Co SEIC.OQ reported quarterly adjusted earnings of $1.17​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 99 cents.  The mean expectation of six analysts for the quarter was for earnings of $1.12 per share. Wall Street expected results to range from $1.10  to $1.15 per share.

Revenue rose 7.8% to $551.34 million from a year ago; analysts expected $547.66 million.

SEI Investments Co's reported EPS for the quarter was $1.17​.

The company reported quarterly net income of $151.52 million.

SEI Investments Co shares had fallen by 7.4% this quarter and lost 12.8% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 3% in the last three months.​

In the last 30 days, six analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is also "buy"

Wall Street's median 12-month price target for SEI Investments Co is $80.00

This summary was machine generated from LSEG data April 23 at 09:02 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20251.121.17Beat
Dec. 31 20241.201.19Missed
Sep. 30 20241.071.19Beat
Jun. 30 20241.051.05Met

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