SEI: Fourth Quarter Financial Highlights

SEI Investments Reports Strong Fourth Quarter Results

SEI Investments Co., headquartered in Oaks, Pennsylvania, announced a net profit of $172.5 million for the fourth quarter.

The company’s earnings translated to $1.38 per share, surpassing the consensus estimate of $1.34 per share from five analysts polled by Zacks Investment Research.

SEI Investments also reported quarterly revenue of $607.9 million, exceeding analysts’ expectations of $595.8 million.

For the full year, SEI Investments achieved a total profit of $715.3 million, or $5.63 per share, with annual revenue reaching $2.3 billion.