- SEI’s earnings per share (EPS) for Q4 came in at $1.19, slightly below the estimate of $1.20.
- Overall revenue was $557.2 million, surpassing expectations of $554.8 million.
- Revenue for private banks was $140.1 million, slightly above the $139.7 million estimate.
- Investment advisors brought in revenue of $139.3 million, exceeding the estimate of $130.7 million.
- Institutional investors had revenue of $70.8 million, missing the projection of $73.3 million.
- Investment managers generated $191.3 million in revenue, higher than the expected $189.3 million.
- Investments in new business recorded revenue of $15.7 million, falling short of the $16.2 million estimate.
- Operating profit stood at $145.5 million, which did not meet the forecasted $151 million.
- Private banks’ operating profit was $19.7 million, below the estimate of $22.8 million.
- Investment advisors’ operating profit reached $62.4 million, slightly above the $62 million estimate.
- Institutional investors had an operating profit of $32.5 million, lower than the $34.1 million estimate.
- Operating profit for investment managers was $73.1 million, surpassing the estimate of $72 million.
- There was an operating loss of $3.59 million in new business investments, greater than the expected loss of $3.26 million.
- Net income totaled $155.8 million, above the estimated $154.6 million.
- Analyst ratings include 1 buy, 5 holds, and 1 sell for SEI.
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 provider of investment and business solutions, has garnered a positive outlook based on the Smartkarma Smart Scores. With a strong momentum score of 5, the company is showing promising growth potential in the long term. Additionally, SEI Investments Company demonstrates resilience with a score of 4, indicating its ability to weather market challenges. This suggests that the company is well-positioned to navigate uncertainties and sustain its performance.
Moreover, SEI Investments Company also scores well in growth, with a score of 3, reflecting its potential for future expansion. While the value and dividend scores are moderate at 2, this does not detract from the overall positive outlook for the company. With its diverse range of services catering to various financial institutions and individual investors, SEI Investments Company appears poised for continued success in the ever-evolving financial landscape.
Summary: SEI Investments Company offers global investment and business solutions, blending technology, research, financial products, and asset management advice to cater to a wide array of clients, including banks, mutual funds, pension plan sponsors, 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
