SEI Investments Earns 30 Cents Per Share

The market is shaking off yesterday’s loss and trading higher this morning. The good news is that Stryker (SYK) and Gilead (GILD) are doing well thanks to their positive earnings reports.

Our only earnings report today is from SEI Investments (SEIC). For the third quarter, SEIC earned 30 cents per share which is four cents more than Wall Street was expecting. The stock is currently up about 0.6%.

The weak spot today is coming from Eli Lilly (LLY) due to the FDA, once again, not approving a weekly version of Byetta, a diabetes drug.

Posted by on October 20th, 2010 at 10:25 am


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