Benzinga | Jul 28, 2020 06:48AM EDT

Waddell & Reed Financial Q2 EPS $0.38 Beats $0.32 Estimate, Sales $240.03M Miss $242.88M Estimate

Waddell & Reed Financial (NYSE:WDR) reported quarterly earnings of $0.38 per share which beat the analyst consensus estimate of $0.32 by 18.75 percent. This is a 15.56 percent decrease over earnings of $0.45 per share from the same period last year. The company reported quarterly sales of $240.03 million which missed the analyst consensus estimate of $242.88 million by 1.17 percent. This is a 11.15 percent decrease over sales of $270.15 million the same period last year.