Virtus Investment: Q2 Earnings Insights

Virtus Investment: Q2 Earnings Insights

 

Virtus Investment VRTS reported its Q2 earnings results on Friday, July 29, 2022 at 07:00 AM.

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

Earnings

Virtus Investment missed estimated earnings by 2.7%, reporting an EPS of $6.86 versus an estimate of $7.05.

Revenue was down $18.70 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.03 which was followed by a 3.72% drop in the share price the next day.

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

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 7.90 9.92 9.60 8.04
EPS Actual 7.87 10.36 9.71 9.07
Revenue Estimate 226.65M 225.70M 219.34M 199.81M
Revenue Actual 252.44M 266.26M 252.06M 244.01M

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.

Posted In: BZI-RecapsEarningsNews