Virtus Investment Partners Inc expected to post earnings of $5.89 a share - Earnings Preview

Virtus Investment Partners

26/07/2023 15:29

* Virtus Investment Partners Inc  VRTS.OQ   VRTS.O  is
expected
to show a fall in quarterly revenue when it reports  results on
July 28. 
    * The Hartford Connecticut-based  company is expected to
report  a
0.8% decrease in revenue to $197.52 million from $199.03 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Virtus Investment
Partners Inc is for earnings of $5.89 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"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 Virtus
Investment
Partners Inc is $209.5​, below​ its last closing price
of $216.97. ​​​

This summary was machine generated July 26 at 14:29 GMT.  All
figures in US dollars  unless otherwise stated