Virtus Investment: Q2 Earnings Insights

Virtus Investment VRTS reported its Q2 earnings results on Friday, July 29, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Virtus Investment missed estimated earnings by 2.7%, reporting an EPS of $6.86 versus an estimate of $7.05.

Revenue was down $18.70 million from the same period last year.

Last quarter the company missed on EPS by $0.03 which was followed by a 3.72% drop in the share price the next day.

Here's a look at Virtus Investment's past performance:

Quarter	Q1 2022	Q4 2021	Q3 2021	Q2 2021
EPS Estimate	7.90	9.92	9.60	8.04
EPS Actual	7.87	10.36	9.71	9.07
Revenue Estimate	226.65M	225.70M	219.34M	199.81M
Revenue Actual	252.44M	266.26M	252.06M	244.01M

To track all earnings releases for Virtus Investment visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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