SEI(US:SEIC) ZACKS·2025-01-30 02:01Core Insights - SEI Investments (SEIC) reported a revenue of $557.19 million for the quarter ended December 2024, reflecting a year-over-year increase of 14.9% and a surprise of +0.59% over the Zacks Consensus Estimate of $553.94 million [1] - The earnings per share (EPS) for the quarter was $1.19, compared to $0.91 in the same quarter last year, although it fell short of the consensus EPS estimate of $1.20, resulting in an EPS surprise of -0.83% [1] Financial Performance Metrics - SEI's assets under management (AUM) in various categories showed mixed results against analyst estimates: - Investments in New Business: $3.04 billion vs. $3.11 billion estimate [4] - Investment Advisors: $79.39 billion vs. $81.63 billion estimate [4] - Private Banks: $28.22 billion vs. $29.54 billion estimate [4] - Institutional Investors: $76.99 billion vs. $81.32 billion estimate [4] - LSV - Equity and Fixed Income programs: $86.50 billion vs. $92.99 billion estimate [4] - Revenue breakdown by segment compared to analyst estimates and year-over-year changes: - Investment Advisors: $139.27 million vs. $134.88 million estimate (+26.9% YoY) [4] - Investment Managers: $191.26 million vs. $189.56 million estimate (+9.2% YoY) [4] - Private Banks: $140.14 million vs. $140.45 million estimate (+12% YoY) [4] - Investments in New Business: $15.71 million vs. $15 million estimate (+212.2% YoY) [4] - Institutional Investors: $70.81 million vs. $74.41 million estimate (+1.5% YoY) [4] - Information processing and software servicing fees: $117.67 million vs. $114.98 million estimate (+16.2% YoY) [4] - Asset management, administration and distribution fees: $439.52 million vs. $436.97 million estimate (+14.6% YoY) [4] Stock Performance - Over the past month, SEI shares have returned +2.3%, outperforming the Zacks S&P 500 composite's +1.7% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]