Virtus Investment Partners Inc reports results for the quarter ended June 30 - Earnings Summary
Virtus Investment Partners Inc reports results for the quarter ended June 30 - Earnings Summary
Virtus Investment Partners Inc VRTS.N reported quarterly adjusted earnings of $5.54 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $6.25. The mean expectation of four analysts for the quarter was for earnings of $6.09 per share. Wall Street expected results to range from $6.02 to $6.15 per share.
Revenue fell 3.9% to $183.60 million from a year ago; analysts expected $184.25 million.
Virtus Investment Partners Inc's reported EPS for the quarter was $6.68.
Virtus Investment Partners Inc shares had risen by 16.9% this quarter and gained 2.8% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 4.2% in the last three months.
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
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 $147.00, about 14.1% below its last closing price of $167.79
This summary was machine generated from LSEG data July 30 at 04:47 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 6.09 | 5.54 | Missed |
Mar. 31 2026 | 5.67 | 5.38 | Missed |
Dec. 31 2025 | 6.45 | 6.50 | Beat |
Sep. 30 2025 | 6.77 | 6.69 | Missed |
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Virtus Investment Partners Inc reports results for the quarter ended June 30 - Earnings Summary
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