logo
SEI: Q1 Earnings Snapshot

SEI: Q1 Earnings Snapshot

By AP News
Published - Apr 24, 2024, 04:13 PM ET
Last Updated - Apr 24, 2024, 04:13 PM EDT

OAKS, Pa. (AP) — OAKS, Pa. (AP) — SEI Investments Co. (SEIC) on Wednesday reported first-quarter net income of $131.4 million.

On a per-share basis, the Oaks, Pennsylvania-based company said it had net income of 99 cents.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 97 cents per share.

The investment management firm posted revenue of $511.6 million in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $505.4 million.

Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
4.2 12182024