Waddell & Reed Financial Investment Profit Climbs In Q4

(RTTNews) - Waddell & Reed Financial Investment (WDR) announced earnings for its fourth quarter that advanced from last year.

The company's earnings totaled $46.47 million, or $0.60 per share. This compares with $29.76 million, or $0.36 per share, in last year's fourth quarter.

The company's revenue for the quarter fell 7.6% to $272.23 million from $294.48 million last year.

Waddell & Reed Financial Investment earnings at a glance:

-Earnings (Q4): $46.47 Mln. vs. $29.76 Mln. last year. -EPS (Q4): $0.60 vs. $0.36 last year. -Revenue (Q4): $272.23 Mln vs. $294.48 Mln last year.