SEI Investments Q2 Earnings Beat Estimates as Revenues & AUM Rise Y/Y

SEI Investments Co.’s SEIC second-quarter 2025 earnings per share (EPS) of $1.78 beat the Zacks Consensus Estimate of $1.18. Moreover, the bottom line reflected a rise of 70% from the prior-year quarter.Results were aided by higher revenues and a rise in assets under management (AUM). However, higher expenses acted as a spoilsport.Net income was $227.1 million, up 63% from the year-ago quarter. Our estimate for the metric was $145.3 million.SEIC’s Revenues & AUM Improve, Expenses RiseTotal revenues were $559.6 million, up 8% year over year. The rise was driven by higher asset management, administration and distribution fees, as well as information processing and software servicing fees. However, the top line missed the Zacks Consensus Estimate of $561.1 million.Total expenses were $411 million, up 7% year over year. The increase was driven by a rise in almost all cost components, except for amortization and depreciation charges. Our estimate for the metric was $409.8 million.Operating income increased 9% year over year to $148.6 million. Our estimate for the metric was $139.7 million.As of June 30, 2025, AUM was $517.5 billion, reflecting a rise of 10% from the prior-year quarter. Client assets under administration (AUA) were $1.14 trillion, up 11% year over year. Client AUA did not include $11.4 billion related to Funds of Funds assets reported as of June 30, 2025.SEI Investments’ Share Repurchase UpdateIn the reported quarter, SEIC bought back 2.2 million shares for $180.8 million at an average price of $83.60 per share.Our View on SEICSEI Investments’ global presence, diverse product offerings, solid balance sheet, strategic acquisitions and a robust AUM balance are expected to keep supporting the top line. However, elevated operating expenses, led by technological upgrades alongside concentrated fee-based revenues, are concerning.SEI Investments Company Price, Consensus and EPS Surprise  SEI Investments Company price-consensus-eps-surprise-chart | SEI Investments Company QuoteCurrently, SEI Investments sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.Performance of Other Asset ManagersInvesco’s IVZ second-quarter 2025 adjusted earnings of 36 cents per share lagged the Zacks Consensus Estimate of 40 cents. Moreover, the bottom line declined 16.3% from the prior-year quarter.Invesco’s results were adversely impacted by higher adjusted operating expenses. However, a rise in adjusted net revenues was a tailwind. An increase in the AUM balance, driven by solid inflows, was another positive. BlackRock’s BLK second-quarter 2025 adjusted earnings of $12.05 per share handily surpassed the Zacks Consensus Estimate of $10.66. The figure reflects a rise of 16% from the year-ago quarter.BlackRock’s results benefited from a rise in revenues. AUM witnessed robust growth, reaching a record high of $12.52 trillion, driven by net inflows, market appreciation and favorable foreign exchange impact. However, higher expenses acted as a headwind.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +23.5% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report BlackRock (BLK): Free Stock Analysis Report Invesco Ltd. (IVZ): Free Stock Analysis Report SEI Investments Company (SEIC): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks