Waddell & Reed Financial Investment Earnings Decline In Q3

(RTTNews) - Waddell & Reed Financial Investment (WDR) revealed a profit for third quarter that declined from last year.

The company's earnings totaled $46.31 million, or $0.58 per share. This compares with $53.58 million, or $0.64 per share, in last year's third quarter.

The company's revenue for the quarter rose 2.0% to $295.12 million from $289.45 million last year.

Waddell & Reed Financial Investment earnings at a glance:

-Earnings (Q3): $46.31 Mln. vs. $53.58 Mln. last year. -EPS (Q3): $0.58 vs. $0.64 last year. -Revenue (Q3): $295.12 Mln vs. $289.45 Mln last year.