Virtus Investment: Q1 Earnings Insights

 

Virtus Investment VRTS reported its Q1 earnings results on Friday, April 29, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Virtus Investment missed estimated earnings by 0.38%, reporting an EPS of $7.87 versus an estimate of $7.9.

Revenue was up $35.54 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.44 which was followed by a 7.61% increase in the share price the next day.

Here's a look at Virtus Investment's past performance:

 

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate 9.92 9.60 8.04 5.44
EPS Actual 10.36 9.71 9.07 6.78
Revenue Estimate 225.70M 219.34M 199.81M 173.02M
Revenue Actual 266.26M 252.06M 244.01M 216.90M

To track all earnings releases for Virtus Investment visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

VRTS Logo
VRTSVirtus Investment Partners Inc
$178.000.85%

Stock Score Locked: Edge Members Only

Benzinga Rankings give you vital metrics on any stock – anytime.

Unlock Rankings
Edge Rankings
Momentum
19.48
Growth
39.84
Quality
63.44
Value
57.48
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
Date
ticker
name
Actual EPS
EPS Surprise
Actual Rev
Rev Surprise

Posted In:
Comments
Loading...