SEI Investments Reveals Increase In Q3 Bottom Line, Beats Estimates

(RTTNews) - SEI Investments (SEIC) revealed a profit for its third quarter that Increased, from the same period last year and beat the Street estimates.

The company's earnings totaled $164.20 million, or $1.30 per share. This compares with $154.90 million, or $1.19 per share, last year.

Analysts on average had expected the company to earn $1.25 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 7.6% to $578.51 million from $537.40 million last year.

SEI Investments earnings at a glance (GAAP) :

-Earnings: $164.20 Mln. vs. $154.90 Mln. last year. -EPS: $1.30 vs. $1.19 last year. -Revenue: $578.51 Mln vs. $537.40 Mln last year.