OAKS, Pa. (AP) — OAKS, Pa. (AP) — SEI Investments Co. (SEIC) on Wednesday reported third-quarter net income of $164.2 million.
On a per-share basis, the Oaks, Pennsylvania-based company said it had profit of $1.30.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.25 per share.
The investment management firm posted revenue of $578.5 million in the period, falling short of Street forecasts. Six analysts surveyed by Zacks expected $579.5 million.
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