We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you accept our Privacy Policy and Terms of Service, revised from time to time, and you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties. You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
SEI (SEIC) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
Read MoreHide Full Article
For the quarter ended December 2024, SEI Investments (SEIC - Free Report) reported revenue of $557.19 million, up 14.9% over the same period last year. EPS came in at $1.19, compared to $0.91 in the year-ago quarter.
The reported revenue represents a surprise of +0.59% over the Zacks Consensus Estimate of $553.94 million. With the consensus EPS estimate being $1.20, the EPS surprise was -0.83%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how SEI performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Assets under management - Investments in New Business: $3.04 billion compared to the $3.11 billion average estimate based on six analysts.
Assets under management - Investment Advisors: $79.39 billion versus the six-analyst average estimate of $81.63 billion.
Assets under management - Private Banks: $28.22 billion compared to the $29.54 billion average estimate based on six analysts.
Assets under management - Institutional Investors: $76.99 billion compared to the $81.32 billion average estimate based on six analysts.
Assets under management - LSV - Equity and Fixed Income programs: $86.50 billion compared to the $92.99 billion average estimate based on six analysts.
Revenue- Investment Advisors: $139.27 million versus the five-analyst average estimate of $134.88 million. The reported number represents a year-over-year change of +26.9%.
Revenue- Investment Managers: $191.26 million versus the five-analyst average estimate of $189.56 million. The reported number represents a year-over-year change of +9.2%.
Revenue- Private Banks: $140.14 million compared to the $140.45 million average estimate based on five analysts. The reported number represents a change of +12% year over year.
Revenue- Investments in New Business: $15.71 million versus $15 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +212.2% change.
Revenue- Institutional Investors: $70.81 million versus $74.41 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +1.5% change.
Revenue- Information processing and software servicing fees: $117.67 million versus $114.98 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +16.2% change.
Revenue- Asset management, administration and distribution fees: $439.52 million versus $436.97 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +14.6% change.
Shares of SEI have returned +2.3% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
SEI (SEIC) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
For the quarter ended December 2024, SEI Investments (SEIC - Free Report) reported revenue of $557.19 million, up 14.9% over the same period last year. EPS came in at $1.19, compared to $0.91 in the year-ago quarter.
The reported revenue represents a surprise of +0.59% over the Zacks Consensus Estimate of $553.94 million. With the consensus EPS estimate being $1.20, the EPS surprise was -0.83%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how SEI performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Assets under management - Investments in New Business: $3.04 billion compared to the $3.11 billion average estimate based on six analysts.
- Assets under management - Investment Advisors: $79.39 billion versus the six-analyst average estimate of $81.63 billion.
- Assets under management - Private Banks: $28.22 billion compared to the $29.54 billion average estimate based on six analysts.
- Assets under management - Institutional Investors: $76.99 billion compared to the $81.32 billion average estimate based on six analysts.
- Assets under management - LSV - Equity and Fixed Income programs: $86.50 billion compared to the $92.99 billion average estimate based on six analysts.
- Revenue- Investment Advisors: $139.27 million versus the five-analyst average estimate of $134.88 million. The reported number represents a year-over-year change of +26.9%.
- Revenue- Investment Managers: $191.26 million versus the five-analyst average estimate of $189.56 million. The reported number represents a year-over-year change of +9.2%.
- Revenue- Private Banks: $140.14 million compared to the $140.45 million average estimate based on five analysts. The reported number represents a change of +12% year over year.
- Revenue- Investments in New Business: $15.71 million versus $15 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +212.2% change.
- Revenue- Institutional Investors: $70.81 million versus $74.41 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +1.5% change.
- Revenue- Information processing and software servicing fees: $117.67 million versus $114.98 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +16.2% change.
- Revenue- Asset management, administration and distribution fees: $439.52 million versus $436.97 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +14.6% change.
View all Key Company Metrics for SEI here>>>Shares of SEI have returned +2.3% over the past month versus the Zacks S&P 500 composite's +1.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.