Financial technology provider SEI Investments (NASDAQ:SEIC) will be announcing earnings results this Wednesday after market close. Here’s what investors should know.
SEI Investments missed analysts’ revenue expectations by 0.7% last quarter, reporting revenues of $559.6 million, up 7.8% year on year. It was a very strong quarter for the company, with a beat of analysts’ EPS estimates.
Is SEI Investments a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting SEI Investments’s revenue to grow 8.2% year on year to $581.7 million, slowing from the 12.7% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.25 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. SEI Investments has missed Wall Street’s revenue estimates three times over the last two years.
Looking at SEI Investments’s peers in the custody bank segment, some have already reported their Q3 results, giving us a hint as to what we can expect. BNY delivered year-on-year revenue growth of 9.3%, beating analysts’ expectations by 2.4%, and State Street reported revenues up 8.8%, topping estimates by 2.3%. BNY traded down 2.8% following the results while State Street was up 2%.
Read our full analysis of BNY’s results here and State Street’s results here.
The euphoria surrounding Trump’s November win lit a fire under major indices, but potential tariffs have caused the market to do a 180 in 2025. While some of the custody bank stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 4.9% on average over the last month. SEI Investments is down 5.8% during the same time and is heading into earnings with an average analyst price target of $96.71 (compared to the current share price of $82).
Today’s young investors likely haven’t read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
