- Assets Under Management Exceeds Expectations: SEI recorded total assets under management at $517.50 billion, surpassing the estimate of $501.96 billion.
- Client Assets Under Administration: Client assets hit $1.14 trillion, slightly exceeding the anticipated $1.11 trillion.
- Cash and Cash Equivalents: Reported at $746.3 million, this exceeded the forecast of $733.9 million.
- Earnings Per Share (EPS): EPS stood at $1.78.
- Overall Revenue: Revenue was reported at $559.6 million, marginally below the expectation of $561.8 million.
- Revenue from Private Banks: Achieved $141.4 million, above the estimated $139.7 million.
- Revenue from Investment Advisors: Slightly below expectations, reported at $137.2 million compared to an estimated $137.5 million.
- Institutional Investors Revenue: Came in at $69.3 million, slightly under the expected $70.1 million.
- Investment Managers Revenue: Reached $195.1 million, below the estimate of $197.7 million.
- New Business Investments Revenue: Reported at $16.5 million, surpassing the estimate of $16.1 million.
- Operating Profit: Total operating profit was $148.6 million, below the projected $158 million.
- Profit from Private Banks: Recorded at $22.7 million, slightly above the estimate of $22.4 million.
- Profit from Investment Advisors: At $61.4 million, it fell short of the estimated $63.5 million.
- Institutional Investors Operating Profit: Exceeded expectations, posting $33.5 million against an estimate of $33 million.
- Investment Managers Operating Profit: Reported at $73.4 million, below the expected $77 million.
- New Business Operating Loss: A loss of $1.88 million, less than the anticipated $2.78 million loss.
- Net Income: Notably higher than expected, net income was $227.1 million, compared to an estimate of $151.4 million.
- Analyst Recommendations: Overall ratings include 3 buys, 3 holds, and 1 sell.
A look at Sei Investments Company Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
SEI Investments Company, a global financial provider, is positioned with a solid long-term outlook based on the Smartkarma Smart Scores analysis. With a strong momentum score of 5, the company demonstrates a robust trend in its business performance. This suggests that SEI Investments Company is likely to continue its current growth trajectory and maintain investor interest over the long term.
Furthermore, the company’s high resilience score of 4 indicates a strong ability to weather market fluctuations and economic challenges. Coupled with a growth score of 3, which signifies a positive outlook for expansion opportunities, SEI Investments Company appears well-positioned for sustained growth in the future.
Summary: SEI Investments Company provides global investment solutions and business services, leveraging technology and expertise to cater to a diverse client base including banks, mutual funds, pension funds, insurance companies, money managers, and individual investors.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
