U.S. Markets open in 4 hrs 3 mins

Westwood Holdings: 1Q Earnings Snapshot

DALLAS (AP) _ Westwood Holdings Group Inc. (WHG) on Wednesday reported first-quarter earnings of $392,000.

The Dallas-based company said it had net income of 5 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to 49 cents per share.

The investment asset manager posted revenue of $23.9 million in the period.

Westwood Holdings shares have risen slightly more than 8 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $36.84, a decline of 38 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WHG at https://www.zacks.com/ap/WHG