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Manning & Napier (Manning & Napier) Net Income : $17.5 Mil (TTM As of Jun. 2022)


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What is Manning & Napier Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Manning & Napier's Net Income for the three months ended in Jun. 2022 was $2.3 Mil. Its Net Income for the trailing twelve months (TTM) ended in Jun. 2022 was $17.5 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Manning & Napier's Earnings per Share (Diluted) for the three months ended in Jun. 2022 was $0.11.


Manning & Napier Net Income Historical Data

The historical data trend for Manning & Napier's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Manning & Napier Net Income Chart

Manning & Napier Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.59 3.20 1.43 10.00 25.11

Manning & Napier Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.93 6.50 7.44 1.19 2.34

Manning & Napier Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Manning & Napier's Net Income for the fiscal year that ended in Dec. 2021 is calculated as

Net Income(A: Dec. 2021 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=33.104+-6.032+0+-1.967
=25.1

Manning & Napier's Net Income for the quarter that ended in Jun. 2022 is calculated as

Net Income(Q: Jun. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=4.504+-2.064+0+-0.096
=2.3

Net Income for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $17.5 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Manning & Napier  (NYSE:MN) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Manning & Napier's Earnings per Share (Diluted) (EPS) for the quarter that ended in Jun. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Manning & Napier Net Income Related Terms

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Manning & Napier (Manning & Napier) Business Description

Traded in Other Exchanges
N/A
Address
290 Woodcliff Drive, Fairport, NY, USA, 14450
Manning & Napier Inc is an independent investment management firm. It provides investment management services through separately managed accounts, mutual funds, and collective investment trust funds, as well as a variety of consultative services. It also offers equity, fixed income, and alternative strategies, as well as a range of blended asset portfolios, such as life cycle funds. The company offers its investment management capabilities primarily through direct sales to high net worth individuals and institutions, as well as through third-party intermediaries, platforms, and institutional investment consultants. The majority of the revenue is generated from the Management fees received.
Executives
Christopher Pickett Briley officer: See Remarks 2050 STELCHEST DRIVE, WESTMINSTER MD 21157
Holder Lofton Phillip Jr director 48 WEST 89TH STREET, NEW YORK NY 10024
Scott Morabito officer: See Remarks C/O MANNING & NAPIER, INC., 290 WOODCLIFF DRIVE, FAIRPORT NY 14450
Stacey Green officer: See Remarks C/O MANNING & NAPIER, INC., 290 WOODCLIFF DRIVE, FAIRPORT NY 14450
Ebrahim Busheri officer: Director of Investments 180 BEACH DRIVE NE, UNIT 1102, ST. PETERSBURG FL 33701
Marc O Mayer officer: Chief Executive Officer C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
William Manning director, officer: Chief Executive Officer 290 WOODCLIFF DRIVE, FAIRPORT NY 14450
Aaron Thomas Mcgreevy officer: See Remarks 600 SINSBURY DRIVE EAST, WORTHINGTON OH 43085
Edward J Pettinella director C/O HOME PROPERTIES, 850 CLINTON SQUARE, ROCHESTER NY 14604
Gregory Woodard officer: See Remarks C/O MANNING & NAPIER, 290 WOODCLIFF DRIVE, FAIRPORT NY 14450
Robert Irving Kopech director C/O MANNING & NAPIER, INC., 290 WOODCLIFF DRIVE, FAIRPORT NY 14450
Thomas Roy Anderson officer: See Remarks 1233 WATERFORD ROAD, WEST CHESTER PA 19380
Brunner Nicole Marie Kingsley officer: See Remarks 39 DEER CREEK ROAD, PITTSFORD NY 14534
Antony John Desorbo officer: See Remarks 8429 HOBNAIL ROAD, MANLIUS NY 13104
Sarah Christine Turner officer: See Remarks 637 CONTEMPRI WAY, WEBSTER NY 14580