WDR News and Press, Waddell & Reed Financial Inc. From 10/27/20

Waddell & Reed Financial, Inc. (WDR) Q3 2020 Results Earnings Conference Call October 27, 2020, 10:00 AM ET Company Participants Michael Daley - Vice President, Investor Relations Philip Sanders - Chief Executive Officer Benjamin Clouse - Senior Vice President and Chief Financial Officer ...

For Q3, Waddell & Reed Financial ([[WDR]] -0.1%) reported net income of $30.5M, or $0.48/diluted share vs. net income of $24.8M, or $0.38/diluted share and $33.1M, or $0.46/diluted share in year ago quarter.Higher average assets benefiting both Investment Management re...

Waddell & Reed Financial (WDR): Q3 GAAP EPS of $0.48 beats by $0.05.Revenue of $267.67M (-1.1% Y/Y) beats by $5.05M.Press Release For further details see: Waddell & Reed Financial EPS beats by $0.05, beats on revenue

Waddell & Reed Financial (NYSE:WDR) is scheduled to announce Q3 earnings results on Tuesday, October 27th, before market open.The consensus EPS Estimate is $0.42 (-8.7% Y/Y) and the consensus Revenue Estimate is $262.62M (-3.0% Y/Y).Over the last 2 years, WDR has beaten EPS estimates 100%...

The SPDR Financial Sector ETF ([[XLF]], -0.4%) is lower, with another day of disappointment in commercial banking outweighing the enthusiasm for investment banking strength.Wells Fargo ([[WFC]], -5.1%) is bringing up the rear in XLF, followed by Bank of America ([[BAC]], -4.1%)...

Waddell & Reed (WDR) is popping higher amid chatter that it could be next asset manager snapped up by a big bank.WDR stock +6.2%, hitting a 52-week high at $18 earlier.Reports cite DealReporter that Waddell & Reed could be in the sights of JPMorgan Chase (JPM). There is no commen...

Waddell & Reed Financial, Inc. (NYSE: WDR) today reported preliminary assets under management of $67.9 billion for the month ended September 30, 2020, compared to $70.3 billion on August 31, 2020. Cautionary Statement The preliminary information included in this ne...

The market turns bullish as Morgan Stanley goes on buying spree with the latest purchase of asset manager Eaton Vance (EV) in a $7B cash-and-stock deal.Eaton Vance +48%. Most asset management firms rise, with 180 Degree Capital (TURN) up 5.3%. By names, Sculptor Capital Managem...

Evercore ISI is taking the occasion of rolling out its 2022 EPS estimates for financial names to evaluate expectations for traditional asset managers' flows, fee rates, margins and capital return. As it lays out numbers for "the double deuce," the firm thinks asset-management winners will be ...

Like every week on my TEV blog, I want to show you some stocks that will go ex-dividend in the next few days. This time, I will take a closer look at John Wiley & Sons and General Mills. Compared to John Wiley & Sons, the risk/reward ratio at General Mills is, in my opinio...