Virtus Investment VRTS reported its Q3 earnings results on Wednesday, October 26, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Virtus Investment missed estimated earnings by 10.28%, reporting an EPS of $5.76 versus an estimate of $6.42.
Revenue was down $41.80 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.19 which was followed by a 1.95% increase in the share price the next day.
Here's a look at Virtus Investment's past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 7.05 | 7.90 | 9.92 | 9.60 |
| EPS Actual | 6.86 | 7.87 | 10.36 | 9.71 |
| Revenue Estimate | 199.98M | 226.65M | 225.70M | 219.34M |
| Revenue Actual | 225.31M | 252.44M | 266.26M | 252.06M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
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