OAKS, Pa. (AP) — OAKS, Pa. (AP) — SEI Investments Co. (SEIC) on Thursday reported first-quarter earnings of $107 million.
On a per-share basis, the Oaks, Pennsylvania-based company said it had profit of 79 cents.
The results fell short of Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.
The investment management firm posted revenue of $469.1 million in the period, also missing Street forecasts. Six analysts surveyed by Zacks expected $469.7 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SEIC at https://www.zacks.com/ap/SEIC
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