SEI: Q4 Earnings Snapshot

OAKS, Pa. (AP) _ SEI Investments Co. (SEIC) on Wednesday reported fourth-quarter profit of $112.2 million.

On a per-share basis, the Oaks, Pennsylvania-based company said it had profit of 83 cents.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 79 cents per share.

The investment management firm posted revenue of $456.6 million in the period, falling short of Street forecasts. Four analysts surveyed by Zacks expected $457 million.

For the year, the company reported profit of $475.5 million, or $3.46 per share. Revenue was reported as $1.99 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a SEIC">Zacks stock report on SEIC at https://www.zacks.com/ap/SEIC