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Financial services earnings roundup, May 10

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Financial services earnings roundup, May 10

With earnings season in gear,S&P Global Market Intelligence presents a snapshot of recently reported financialresults for companies in the financial services space.

Asset manager

reported first-quarternet income attributable to common stockholders of $17.6 million, or 9 cents pershare, compared with $21.8 million, or 11 cents per share, in the year-ago quarter.


Financial technology

booked first-quarter profit of $24.7 million, or 13 centsper share, compared with $54.5 million, or 29 cents per share, in the year-ago quarter.

Adjustedearnings were $64.3 million, or 35 cents per share, compared with $68.5 million,or 36 cents per share, a year ago.

The S&PCapital IQ consensus normalized EPS estimate for the quarter was 36 cents.


Investment company

posted fiscal third-quarternet increase in net assets resulting from operations of $75.5 million, or 21 centsper share, compared with $81.5 million, or 23 cents per share, a year earlier.

Net investmentincome for the period was $87.6 million, or 25 cents per share, compared with $87.4million, or 24 cents per share, in the year-ago quarter.

The S&PCapital IQ consensus normalized EPS estimate for the quarter was 26 cents.

Distributableincome for the fiscal quarter was $86.6 million, or 24 cents per share.