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VCTR — Victory Capital Holdings News Story

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Victory Capital Holdings Inc reports results for the quarter ended June 30 - Earnings Summary

Victory Capital Holdings Inc VCTR.OQ reported quarterly adjusted earnings of $1.20​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.10.  The mean expectation of nine analysts for the quarter was for earnings of $1.35 per share. Wall Street expected results to range from $1.28  to $1.58 per share.

Revenue rose 1.7% to $351.21 million from a year ago; analysts expected $336.76 million.

Victory Capital Holdings Inc's reported EPS for the quarter was 96 cents​.

The company reported quarterly net income of $46.08 million.

Victory Capital Holdings Inc shares had risen by 8.7% this quarter and gained 5.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.8% in the last three months.​

In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is also "buy"

Wall Street's median 12-month price target for Victory Capital Holdings Inc is $68.00, about 1.3% below its last closing price of $67.12

This summary was machine generated from LSEG data August 8 at 04:17 a.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20251.441.45Beat
Dec. 31 20241.331.30Missed
Sep. 30 20241.301.19Missed
Jun. 30 20241.301.19Missed

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