MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Friday, October 29, 2010 Federated Beats Expectations Despite Falling Earnings Federated Investors beat earnings expectations, despite falling earnings. Yesterday the Pittsburgh-based mutual fund firm reported third quarter 2010 earnings of $0.42 per diluted share, down from $0.56 in Q3 2009 but more than 10 percent above analysts' estimates of $0.38, Reuters reports. Federated's AUM climbed from $336.8 billion on June 30 to $341.3 billion on September 30. Printed from: MFWire.com/story.asp?s=33866 Copyright 2010, InvestmentWires, Inc. All Rights Reserved |