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BRIEF-Waddell & Reed Financial reports Q3 results, announces new capital return policy
October 24, 2017 / 11:25 AM / a month ago

BRIEF-Waddell & Reed Financial reports Q3 results, announces new capital return policy

Oct 24 (Reuters) - Waddell & Reed Financial Inc

* Waddell & Reed Financial, Inc. reports third quarter results and announces new capital return policy

* Q3 earnings per share $0.45

* Q3 earnings per share view $0.41 -- Thomson Reuters I/B/E/S

* Waddell & Reed Financial Inc - ‍operating revenues of $289.4 million during Q3 of 2017 increased 1% sequentially​

* Q3 revenue view $285.8 million -- Thomson Reuters I/B/E/S

* Waddell & Reed Financial - ‍board reduced qtrly dividend on Class A stock to $0.25/share, payable on Feb 1, 2018 to stockholders of record as of Jan 11, 2018​

* Waddell & Reed Financial Inc - ‍new capital return policy also encompasses a plan to repurchase $250 million of common stock​ Source text for Eikon: Further company coverage:

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