Duff & Phelps Reports Third Quarter EPS of $.15

Duff & Phelps Corporation DUF today announced financial results for its third quarter of 2010 and declared a quarterly dividend. For the quarter ended September 30, 2010, Duff & Phelps generated revenues excluding reimbursable expenses of $84.4 million, compared to $93.2 million for the corresponding prior year quarter. Adjusted EBITDA(1) for the quarter was $12.2 million, representing 14.5% of revenues excluding reimbursable expenses, compared to $16.5 million for the corresponding prior year quarter, representing 17.7% of revenues excluding reimbursable expenses. Net income attributable to Duff & Phelps Corporation was $4.1 million, or $0.15 per share of Class A common stock on a fully diluted basis, compared to $3.5 million, or $0.14 for the corresponding prior year quarter. Adjusted Pro Forma Net Income(1) was $5.7 million, or $0.15 per share on a fully exchanged, fully diluted basis, compared to $8.4 million, or $0.22 per share, for the corresponding prior year quarter.