Federated Investors, Inc Earnings Rise 25% In Q1

(RTTNews) - Federated Investors, Inc (FII) announced a profit for its first quarter that climbed from last year.

The company said its bottom line came in at $45.26 million, or $0.44 per share. This was up from $36.31 million, or $0.35 per share, in last year's first quarter.

Analysts had expected the company to earn $0.44 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 23.4% to $272.11 million. This was up from $220.52 million last year.

Federated Investors, Inc earnings at a glance:

-Earnings (Q1): $45.26 Mln. vs. $36.31 Mln. last year. -Earnings Growth (Y-o-Y): 24.6% -EPS (Q1): $0.44 vs. $0.35 last year. -EPS Growth (Y-o-Y): 25.7% -Analysts Estimate: $0.44 -Revenue (Q1): $272.11 Mln vs. $220.52 Mln last year. -Revenue Change (Y-o-Y): 23.4%