Virtus Investment Partners Inc reports results for the quarter ended in March - Earnings Summary

Virtus Investment Partners

29/04/2022 21:09

* Virtus Investment Partners Inc  VRTS.OQ  reported
quarterly
adjusted earnings of $7.87​​ per share for the quarter ended in
March. The mean expectation of two analysts for the quarter was
for earnings of $7.91 per share.
    * Revenue rose 18.5% to $221.90 million from a year ago; 
analysts
expected $226.65 million. 
    * The mean earnings estimate of analysts had fallen by
about 12.3%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Virtus Investment Partners Inc shares had fallen by 23.3%
this
quarter and lost 38.1% so far this year.
    * Wall Street's median 12-month price target for Virtus
Investment
Partners Inc is $298.00 
    * 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." 

This summary was machine generated April 29 at 08:09 p.m.  ​All
figures in US dollars unless otherwise stated