SEI Investments Company reports results for the quarter ended September 30 - Earnings Summary

• SEI Investments Company reported quarterly adjusted earnings of $1.38​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $1.29. The mean expectation of six analysts for the quarter was for earnings of $1.56 per share. Wall Street expected results to range from $1.51 to $1.61 per share.

• Revenue rose 25.9% to $662.04 million from a year ago; analysts expected $657.00 million.

• SEI Investments Company's reported EPS for the quarter was $1.38​.

• The company reported quarterly net income of $168.26 million.

• SEI Investments Company shares had risen by 4.4% this quarter and gained 30.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 2.1% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is also "buy"

• Wall Street's median 12-month price target for SEI Investments Company is $125.00, about 14.3% above its last closing price of $107.15

This summary was machine generated from LSEG data October 21 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)