Federated Investors (NYSE:FII) reports 4Q16 earnings results; Topline up 19.0%; Tops Estimate
Federated Investors (FII)
Total Revenue for the fourth quarter rose 18.99% to $ 289.90 million from $ 243.64 million in the same quarter last year.
Analysts polled by Thomson Reuters expected the Federated Investors to earn $ 0.51 per share on revenue of $ 292.76 million for the fourth quarter.
Federated’s board of directors declared a quarterly dividend of $0.25 per share, payable on Feb. 15, 2017 to shareholders of record as of Feb. 8, 2017.