Market Overview

UPDATE: Waddell & Reed Posts Higher Q3 Profit

Share:
Related WDR
Morgan Stanley: How Bank Investors Can Play 6 Global Themes For 2018
Benzinga's Top Upgrades, Downgrades For June 30, 2017
Waddell & Reed Financial Reports November AUM (Seeking Alpha)

Waddell & Reed Financial (NYSE: WDR) reported a rise in its third-quarter profit.

Its quarterly net income from continuing operations climbed to $52.1 million, or $0.61 per share, versus $39.4 million, or $0.46 per share, in the year-earlier period.

Waddell & Reed's total operating revenue gained 5% to $293.4 million.

Waddell & Reed shares closed at $32.62 on Friday.

Posted-In: profitEarnings News

 

Related Articles (WDR)

View Comments and Join the Discussion!