OAKS, Pa. (AP) — OAKS, Pa. (AP) — SEI Investments Co. (SEIC) on Wednesday reported third-quarter earnings of $154.9 million.
On a per-share basis, the Oaks, Pennsylvania-based company said it had profit of $1.19.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.
The investment management firm posted revenue of $537.4 million in the period, also topping Street forecasts. Six analysts surveyed by Zacks expected $533.2 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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