On Wednesday, February 10, Victory Capital Holdings VCTR will release its latest earnings report. Benzinga's outlook for Victory Capital Holdings is included in the following report.
Net Income, Earnings, And Earnings Per Share
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Based on management's projections, Victory Capital Holdings analysts model for earnings of $1.02 per share on sales of $199.26 million. Victory Capital Holdings EPS in the same period a year ago totaled $0.99. Revenue was $218.55 million.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
The Wall Street estimate would represent a 3.03% increase in the company's earnings. Revenue would be down 8.83% on a year-over-year basis. Here is how the Victory Capital Holdings's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2020 | Q2 2020 | Q1 2020 | Q4 2020 |
---|---|---|---|---|
EPS Estimate | 0.93 | 0.83 | 0.89 | 0.93 |
EPS Actual | 1 | 0.89 | 0.92 | 0.99 |
Revenue Estimate | 190.55 M | 183.53 M | 206.28 M | 218.10 M |
Revenue Actual | 188.66 M | 181.89 M | 204.42 M | 218.55 M |
Stock Performance
Shares of Victory Capital Holdings were trading at $24.85 as of February 08. Over the last 52-week period, shares are up 7.82%. Given that these returns are generally positive, long-term shareholders are probably happy going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. Victory Capital Holdings is scheduled to hold the call at 08:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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