SEI Inv: Q1 Earnings Insights

SEI Inv (NASDAQ:SEIC) reported its Q1 earnings results on Thursday, April 20, 2023 at 04:01 PM. Here’s what…

SEI Inv (NASDAQ:SEIC) reported its Q1 earnings results on Thursday, April 20, 2023 at 04:01 PM.

Here’s what investors need to know about the announcement.

Earnings

SEI Inv missed estimated earnings by 3.66%, reporting an EPS of $0.79 versus an estimate of $0.82.

Revenue was down $112.32 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.03 which was followed by a 1.79% drop in the share price the next day.

Here’s a look at SEI Inv’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.80 0.67 0.82 1.31
EPS Actual 0.83 0.77 0.81 1.36
Revenue Estimate 454.51M 462.19M 471.74M 546.95M
Revenue Actual 456.59M 471.33M 481.67M 581.44M

To track all earnings releases for SEI Inv visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

US Stock Futures Down Ahead Of Fed Speakers, Economic Data

Pre-open movers U.S. stock futures traded lower in early pre-market trade on Wednesday after closing mostly lower on Tuesday. The S&P 500 index dropped deeper into a bear market after hitting a fresh 2022 low. The S&P 500 is now down 24.3% from its record level in January, while the Dow is now 21.2% below its record high.

AGCO