Federated Investors Q1 Profit Rises - Quick Facts

(RTTNews) - Federated Investors, Inc. (FII) reported first-quarter net income of $36.3 million or $0.35 per share, compared to $35.2 million or $0.34 per share, prior year.

On average, eight analysts polled by Thomson Reuters expected the company to report profit per share of $0.37 for the quarter. Analysts' estimates typically exclude special items.

Revenue increased to $220.52 million from $211.50 million last year. Analysts expected revenue of $222.09 million for the quarter.

Federated's board declared a dividend of $0.25 per share. The dividend is payable on May 15, 2015 to shareholders of record as of May 8, 2015.