Victory Capital Holdings Inc expected to post earnings of $1.26 a share - Earnings Preview

Victory Capital Holdings

07/08/2024 03:24

* Victory Capital Holdings Inc  VCTR.OQ   VCTR.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 8 for the period ending March 31 2024
    * The San Antonio Texas-based  company is expected to report
a
5.1% increase in revenue to $219.485 million from $208.91
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total Revenue)
    * ​LSEG's mean analyst estimate for Victory Capital Holdings
Inc
is for earnings of $1.26 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Victory
Capital
Holdings Inc is $56.00​, above​ its last closing price
of $45.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  1.20        1.21       1.10      Missed  -8.8
 Jan. 1 2024   1.13        1.13       1.01      Missed  -11
 Sep. 30 2023  1.13        1.14       1.18      Beat    4​
 Jun. 30 2023  1.10        1.11       1.11      Met     0.4
 ​​Mar.        1.05        1.06       1.08      Beat    1.8
 31 2023                                                
 Dec. 31 2022  1.04        1.04       0.92      Missed  -11.2​
 Sep. 30 2022  1.06        1.07       1.19      Beat    11.5
 Jun. 30 2022  1.12        1.12       1.11      Missed  -1
 This summary was machine generated August 7 at 02:24 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)