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SEI Investments (SEIC)
:SEIC
Earnings Data
Report Date
Apr 17, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.15Last Year’s EPS
0.99Same Quarter Last Year
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Jan 29, 2025
|% Change Since: -16.80%
|Next Earnings Date:Apr 17, 2025
Earnings Call Sentiment|Positive
SEI reported strong earnings growth and record sales events, driven by broad-based performance across business units and strategic investments. Despite challenges such as institutional asset outflows and flat AUM, the company's overall performance was positive, with significant capital returned to shareholders and continued demand for alternative investment products.Company Guidance
During the Q4 2024 SEI earnings call, a range of performance metrics were highlighted. SEI reported $38 million in sales events, with $28 million being net recurring, and an EPS of $1.19 for the quarter. For the full year, net sales events reached nearly $130 million. The company's EPS grew by 27% year-over-year, reaching $4.41 for 2024. SEI's assets under management and administration totaled $1.6 trillion, staying flat compared to the prior quarter. Despite challenges such as asset outflows in the institutional business and LSV, SEI's business units all experienced revenue, operating profit, and margin growth. The call emphasized the broad-based nature of sales, both geographically and across business sectors, as well as the company's investment focus for 2025.Record Sales Events
Sales events for Q4 2024 totaled $38 million, with $28 million net recurring, marking the second consecutive quarter of significant growth in net sales events.
Earnings Per Share Growth
EPS for Q4 2024 was $1.19, representing a 31% increase from the prior year and a 27% growth for the full year versus 2023.
Broad-Based Revenue Growth
Every business unit realized revenue growth, operating profit growth, and margin growth relative to the fourth quarter of last year.
Significant Capital Return to Shareholders
SEI repurchased $259 million in stock during Q4, the highest in the company's history, and increased the dividend by 6.5%.
Strong Alternative Investment Product Demand
Continued strong demand for alternative investment products, particularly in the investment managers' business and intermediary businesses.
Enterprise Mindset Success
Shift to an enterprise-first mindset contributing to success, with notable wins like the partnership with Close Brothers.
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SEIC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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SEIC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Jan 29, 2025 | $82.96 | $86.03 | +3.70% |
| Oct 23, 2024 | $70.29 | $73.98 | +5.25% |
| Jul 24, 2024 | $65.86 | $65.69 | -0.26% |
| Apr 24, 2024 | $65.75 | $65.63 | -0.18% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does SEI Investments (SEIC) report earnings?
SEI Investments (SEIC) is schdueled to report earning on Apr 17, 2025, TBA Not Confirmed.
What is SEI Investments (SEIC) earnings time?
SEI Investments (SEIC) earnings time is at Apr 17, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is SEIC EPS forecast?
SEIC EPS forecast for the fiscal quarter 2025 (Q1) is 1.15.
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