Victory Capital: Fourth Quarter Earnings Overview
Victory Capital Holdings Reports Strong Fourth-Quarter Results
Victory Capital Holdings Inc., headquartered in San Antonio, announced its financial results for the fourth quarter, revealing a net profit of $112.8 million.
The company reported earnings of $1.32 per share. When excluding certain one-time items, adjusted earnings reached $1.78 per share.
These figures surpassed analysts’ expectations, as a consensus of five analysts polled by Zacks Investment Research had projected earnings of $1.66 per share.
During the same period, the investment management firm generated $374.1 million in revenue, outperforming the $371.9 million forecasted by three Zacks analysts.
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