SEI Investments Co
SEIC: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| K^ | LOCK|K?!N | LOCK|zgz<G%^ |
SEI Earnings: Investment Processing Businesses Prosper While Asset Management Units Show Weakness
SEI Investments reported 9% revenue growth and net recurring sales events of $18.9 million, down from $28.2 million last year, driven by weakness in asset management businesses. Segment operating margins also saw strong trends. Shares were roughly flat in after-hours trading.
