Boutique investment manager Virtus beats Q3 revenue estimate

Virtus Investment Partners

24/10/2025 12:08

Overview

Virtus Q3 revenue beat analyst expectations despite a 5% yr/yr decline

Adjusted EPS for Q3 missed consensus, reflecting operational challenges

Company reported net outflows of $3.9 bln in Q3, impacting AUM

Outlook

Virtus Investment Partners did not provide specific future guidance

Result Drivers

INSTITUTIONAL SALES - Institutional sales rose to $2.0 bln, including a $0.4 bln CLO issuance

ETF NET FLOWS - Positive net flows in ETFs reached $0.9 bln, the highest quarterly level

NET OUTFLOWS - Net outflows of $3.9 bln were unchanged from the prior quarter, driven by equity strategy outflows

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$216.40 mln
$198.82 mln (1 Analyst)
Q3 Adjusted EPS
Miss
$6.69
$6.77 (4 Analysts)
Q3 EPS
$4.65


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy."

Wall Street's median 12-month price target for Virtus Investment Partners Inc is $185.50, about 4.3% above its October 23 closing price of $177.44

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 7 three months ago

Press Release: ID:nBwb1fyZya

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)