Virtus Investment Partners Inc expected to post earnings of $7.06 a share - Earnings Preview

Virtus Investment Partners

27/07/2022 14:07

* Virtus Investment Partners Inc  VRTS.OQ   VRTS.O  is
expected
to show a fall in quarterly revenue when it reports  results on
July 29. 
    * The Hartford Connecticut-based  company is expected to
report  a
4.9% decrease in revenue to $199.981 million from $210.33
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 $7.06 per share. For the same
quarter last year, the company reported earnings of $9.07 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 $213.5​, above​ its last closing price
of $190.90. ​​​

This summary was machine generated July 27 at 13:07 GMT.  All
figures in US dollars  unless otherwise stated