SEI Investments Co
SEIC: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| qJR | LOCK|p^<r | LOCK|F&VQ<QC |
SEI Investments Earnings: Investment Managers Segment Continues to Shine
SEI Investments reported second-quarter revenue growth of 15% and $1.66 adjusted earnings per share, up from $1.44 in the first quarter. Net new recurring sales events, a metric akin to net bookings, were $33 million in the quarter, down sequentially but up from $24 million in the year-ago quarter.
