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Waddell & Reed Financial Inc (WDR.N)

WDR.N on New York Stock Exchange

20.39USD
18 Oct 2017
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Latest Key Developments (Source: Significant Developments)

Waddell & Reed reports second quarter results
Tuesday, 1 Aug 2017 06:45am EDT 

Aug 1 (Reuters) - Waddell & Reed Financial Inc :Waddell & Reed Financial Inc reports second quarter results.Q2 earnings per share $0.28.Q2 revenue $286.7 million.Q2 earnings per share view $0.38 -- Thomson Reuters I/B/E/S.Waddell & Reed Financial Inc - assets under management ended Q2 of 2017 at $80.4 billion, decreasing less than 1% compared to prior quarter.  Full Article

Waddell & reed financial Inc. announces assets under management
Friday, 9 Jun 2017 02:06pm EDT 

June 9 (Reuters) - Waddell & Reed Financial Inc :Waddell & Reed Financial, Inc. announces assets under management.Assets under management were $81.5 billion on June 8, an increase of 0.5% quarter to date.‍Reported preliminary AUM of $80.9 billion for month ended May 31, 2017, compared to $81.1 billion on March 31, 2017​.‍Purpose of release is to clarify flow data during quarter in light of reported industry data​.‍"Have not yet finalized assets under management as of may 31, 2017"​.  Full Article

Waddell & Reed Financial Q1 earnings per share $0.39
Tuesday, 2 May 2017 06:45am EDT 

May 2 (Reuters) - Waddell & Reed Financial Inc :Waddell & reed financial, inc. Reports first quarter results.Q1 earnings per share $0.39.Q1 revenue $287 million.Q1 earnings per share view $0.42 -- Thomson Reuters I/B/E/S.Waddell & reed financial inc - operating revenues of $287 million during q1 of 2017 declined 2% sequentially.Waddell & reed financial - march 31, 2017 assets under management were $81 billion, increasing 1% during quarter, but declined 15% compared to march 31, 2016.Waddell & reed financial inc - average assets under management were $81 billion during current quarter, compared to $82 billion during prior quarter.Q1 earnings per share view $0.42, revenue view $284.0 million -- Thomson Reuters I/B/E/S.  Full Article

Waddell & Reed Financial posts Q4 EPS of $0.27
Tuesday, 31 Jan 2017 06:45am EST 

Waddell & Reed Financial Inc : Waddell & Reed Financial, Inc reports fourth quarter results . Q4 earnings per share $0.27 . Q4 adjusted earnings per share $0.48 . Q4 earnings per share view $0.48 -- Thomson Reuters I/B/E/S .Average assets under management were $82 billion during current quarter, compared to $87 billion during prior quarter.  Full Article

Waddell & Reed Financial Q3 EPS $0.65
Tuesday, 25 Oct 2016 06:45am EDT 

Waddell & Reed Financial Inc : . Q3 earnings per share $0.65 . Q3 earnings per share view $0.52 -- Thomson Reuters I/B/E/S . Assets under management were $85 billion at september 30, 2016, declining less than 2% from prior quarter . Amendment of post-retirement medical benefit plan is expected to lower future medical claims costs . Qtrly costs declined 31% sequentially, with majority of change due to a severance charge recorded in previous quarter . "Despite improvement in investment performance year-to-date, sales volume remains weak" ."Current quarter included full benefit of our recent workforce reductions".  Full Article

Waddell & Reed Financial reports second quarter results
Tuesday, 26 Jul 2016 06:53am EDT 

Waddell & Reed Financial Inc : Q2 earnings per share $0.41 . Q2 adjusted earnings per share $0.59 excluding items . Q2 earnings per share view $0.44 -- Thomson Reuters I/B/E/S . In q2 unaffiliated distribution channel experienced $3.9 billion in outflows of which asset strategy funds accounted for $2.6 billion . Q2 earnings per share view $0.44 -- Thomson Reuters I/B/E/S . Waddell & Reed Financial, inc. Reports second quarter results . Waddell & Reed Financial inc says q2 of 2016 included $24.1 million in charges related to severance, accelerated amortization of dac and project e implementation costs . As of june 30, 2016, aum declined 9% sequentially to $86 billion due mainly to outflows from institutional and unaffiliated distribution channels . Institutional channel experienced three material redemptions during quarter that accounted for $4.9 billion of $5.5 billion in total outflows .Waddell & Reed Financial inc says in q2 management fees declined 3% sequentially, while average assets under management declined 5%.  Full Article

Waddell & Reed says CEO Henry Herrmann to retire
Monday, 23 May 2016 04:30pm EDT 

Waddell & Reed Financial Inc : Philip J. Sanders named as successor to Herrmann . Herrmann, will retire as chief executive officer effective August 1, 2016 .Waddell & Reed Financial, Inc. CEO Henry J. Herrmann to retire.  Full Article

Waddell & Reed Financial Inc notifies affected employees regarding workforce reduction - Reuters News
Tuesday, 26 Apr 2016 04:40pm EDT 

Waddell & Reed Financial Inc:On April 22, 2016, company notified affected employees regarding an involuntary separation program to reduce its workforce - RTRS.Affected employees, who represent about 10 pct of co's workforce, will receive lump sum payment, accelerated vesting of restricted stock.ISP and VSO are part of cost cutting efforts to reduce operating expenses by approximately 10 pct, or $40 million from annual run-rate.Expects to record a pre-tax restructuring charge in a range of approximately $16 - 17 million in Q2 of 2016.Expects involuntary separation program, voluntary separation offering "to be substantially implemented" during Q2 2016.  Full Article

Waddell & Reed Financial Inc declares quarterly dividend
Monday, 28 Mar 2016 04:15pm EDT 

Waddell & Reed Financial Inc:Approved a quarterly dividend on its Class A common stock of $0.46 per share.Payable on May 2 to stockholders of record date as of April 18.  Full Article

BRIEF-Waddell & Reed Financial posts Sept 30, 2017 assets under management

* Waddell & Reed Financial Inc Announces September 30, 2017 assets under management