SEI Inv Q2 EPS $0.89 Beats $0.86 Estimate, Sales $489.06M Beat $479.22M Estimate
Portfolio Pulse from bharat@benzinga.com
SEI Inv (NASDAQ:SEIC) reported Q2 earnings of $0.89 per share, beating the analyst consensus estimate of $0.86 by 3.49%. This is a 9.88% increase over earnings of $0.81 per share from the same period last year. The company also reported quarterly sales of $489.06 million, beating the analyst consensus estimate of $479.22 million by 2.05%. This is a 1.53% increase over sales of $481.67 million the same period last year.
July 26, 2023 | 8:03 pm
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SEI Inv's Q2 earnings and sales beat estimates, with earnings per share up 9.88% YoY and sales up 1.53% YoY.
SEI Inv reported better than expected Q2 earnings and sales, which is likely to have a positive impact on its stock price in the short term. The YoY increase in earnings per share and sales also indicates strong financial performance.
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