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

Virtus Investment Partners

27/10/2023 14:33

* Virtus Investment Partners Inc  VRTS.OQ  reported
quarterly
adjusted earnings of $6.21​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was
for earnings of $6.17 per share.
    * Revenue rose 6.3% to $197.45 million from a year ago. 
    * Virtus Investment Partners Inc's reported EPS for the
quarter
was $4.19​.
    * The mean earnings estimate of analysts had fallen by
about 1.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Virtus Investment Partners Inc shares had fallen by 14.1%
this
quarter and lost 9.4% so far this year.
    * Wall Street's median 12-month price target for Virtus
Investment
Partners Inc is $163.00 
    * The current average analyst rating on the shares is "sell"
and
the breakdown of recommendations is no "strong buy" or "buy," no
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 27 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      6.17           6.21           Beat
 Jun. 30 2023      5.89           5.43           Missed
 Mar. 31 2023      3.82           4.20           Beat
 Dec. 31 2022      4.88           5.17           Beat