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BrightSphere Investment Group: 4Q Earnings Snapshot

·1-min read

LONDON (AP) _ BrightSphere Investment Group (BSIG) on Thursday reported fourth-quarter earnings of $67.8 million.

The London-based company said it had net income of 79 cents per share. Earnings, adjusted for one-time gains and costs, were 50 cents per share.

The asset manager posted revenue of $207.4 million in the period.

For the year, the company reported profit of $223.9 million, or $2.48 per share. Revenue was reported as $819.5 million.

BrightSphere Investment Group shares have decreased nearly 1% since the beginning of the year. The stock has decreased 12% in the last 12 months.

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