|Bid||15.63 x 1100|
|Ask||15.64 x 800|
|Day's Range||15.46 - 16.10|
|52 Week Range||9.87 - 18.02|
|Beta (5Y Monthly)||1.40|
|PE Ratio (TTM)||11.21|
|Earnings Date||Oct 27, 2020|
|Forward Dividend & Yield||1.00 (6.13%)|
|Ex-Dividend Date||Oct 09, 2020|
|1y Target Est||15.21|
Stable expenses and solid cash position support Waddell & Reed's (WDR) Q3 earnings.
At this time, I'd like to turn the conference call over to Mike Daley, Vice President of Investor Relations. Joining me on our call today are Phil Sanders, our CEO; Brent Bloss, our President; Ben Clouse, our CFO; Dan Hanson, our CIO; Shawn Mihal, President of our Wealth Management Business, Waddell & Reed, Inc.; and Amy Scupham, President of Ivy Distributors, Inc.
Waddell & Reed (WDR) delivered earnings and revenue surprises of 17.07% and 1.75%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?