Fourth quarter earnings decreased by 29% from a year ago. Diluted earnings per share for the fourth quarter of $0.25 represents a 24% decrease from the $0.33 reported for the fourth quarter of 2010. Now, for the year 2011, our earnings decreased by 12% and diluted earnings per share for the full year of $1.11 is a 9% decrease over the $1.22 reported in 2010. We also reported a 2% decrease in revenues from fourth quarter 2010 to fourth quarter 2011. And for the year 2011, revenues increased 3% over 2010 revenues.Our earnings for the fourth quarter of 2010 and 2011 were affected by gains and losses attributable to the SIVs on our balance sheet, as well as the sale of other assets. Now, during fourth quarter 2011, SIVs accounted for a loss of 700 million -- $700,000, while fourth quarter 2010 -- while in the fourth quarter 2010, SIVs and the sale of other assets netted to an increase to earnings of approximately $18 million.
SEI Investments Company's CEO Discusses Q4 2011 Results - Earnings Call Transcript
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.