SEI Investments (SEIC) revealed a profit for second quarter that declined from the same period last year.
The company's earnings came in at $101.07 million, or $0.68 per share. This compares with $126.54 million, or $0.82 per share, in last year's second quarter.
Analysts had expected the company to earn $0.68 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 2.2% to $400.65 million from $409.59 million last year.
SEI Investments earnings at a glance:
-Earnings (Q2): $101.07 Mln. vs. $126.54 Mln. last year.-EPS (Q2): $0.68 vs. $0.82 last year.-Analysts Estimate: $0.68-Revenue (Q2): $400.65 Mln vs. $409.59 Mln last year.
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