- Tools for Investors
- Stock News
- Investing Ideas
- Econ & Policy
- Personal Finance
Federated Investors, Inc. (NYSE:FII) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation.
Federated Investors, Inc. Earnings Cheat Sheet
Results: Net income increased 34.27% to $49.6 million (44 cents per diluted share) in the quarter versus a net gain of $36.94 million in the year-earlier quarter.
Revenue: Rose 11.81% to $244.8 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Federated Investors, Inc. reported adjusted net income of 44 cents per share. By that measure, the company beat the mean analyst estimate of $0.40. It missed the average revenue estimate of $251.03 million.
Quoting Management: “In 2012, Federated’s range of income-oriented investment strategies proved to be highly attractive options for investors,” said J. Christopher Donahue, President and CEO…
Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
There's always a bull market in some sector! Find the best opportunities in commodities.