SEI: Q2 Earnings Snapshot

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OAKS, Pa. (AP) _ SEI Investments Co. (SEIC) on Wednesday reported second-quarter profit of $111.3 million.

On a per-share basis, the Oaks, Pennsylvania-based company said it had profit of 81 cents.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 82 cents per share.

The investment management firm posted revenue of $481.7 million in the period, surpassing Street forecasts. Four analysts surveyed by Zacks expected $471.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SEIC at https://www.zacks.com/ap/SEIC