Street Calls of the Week
OAKS, Pa. - SEI Investments Company (NASDAQ:SEIC) reported third-quarter earnings that exceeded analyst expectations, while revenue came in slightly below forecasts. The company’s stock edged up 0.39% following the mixed results.
The financial technology and asset management services provider posted adjusted earnings per share of $1.30 for the third quarter, surpassing the analyst estimate of $1.26. Revenue reached $578.51 million, up 8% YoY but falling short of the consensus estimate of $584.33 million.
SEI’s operating income grew 11% compared to the same period last year, with operating margin expanding to 28% from 27% in the third quarter of 2024. The company achieved record net sales events of $106.3 million for the first nine months of 2025, led by strong results from its Investment Managers segment.
"SEI delivered another strong quarter, surpassing $100 million in net sales events year to date—a record for our company through the third quarter," said CEO Ryan Hicke. "Excluding one-time items, third-quarter earnings per share also hit a record high."
The Investment Managers segment showed particularly strong performance with a 12% revenue increase and 15% growth in operating profit. Investment Advisors also performed well with a 16% revenue jump and 21% operating profit growth, while the Private Banks segment saw a slight 2% decline in operating profit despite 4% revenue growth.
During the quarter, SEI repurchased 1.6 million shares of common stock for $141.6 million at an average price of $90.02 per share. Assets under administration increased by 7% from the previous quarter, while assets under management grew by 5%.
The company’s sales pipelines across all business segments remain robust, positioning SEI for continued growth despite the slight revenue miss in the third quarter.
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