Federated Investors, Inc. Reports Second Quarter 2014 Earnings; Equity Managed Assets Reach a Record $50 Billion
- Net equity sales top $1.5 billion for Q2 2014
- Equity and bond assets surpass $106 billion at June 30, 2014
- Board declares $0.25 per share quarterly dividend
(PITTSBURGH, Pa., 07/24/2014 01:24 PM) — Federated Investors, Inc. (NYSE: FII), one of the nation's largest investment managers, today reported earnings per diluted share (EPS) of $0.35 for Q2 2014 compared to $0.39 for the same quarter last year on net income of $36.9 million for Q2 2014 compared to $40.4 million for Q2 2013. Federated reported YTD 2014 EPS of $0.69 compared to $0.80 for the same period in 2013 and YTD 2014 net income of $72.1 million compared to $83.4 million for the same period last year.