Virtus Investment: Q3 Earnings Insights

Virtus Investment VRTS reported its Q3 earnings results on Wednesday, October 26, 2022 at 07:00 AM.

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

Virtus Investment missed estimated earnings by 10.28%, reporting an EPS of $5.76 versus an estimate of $6.42.

Revenue was down $41.80 million from the same period last year.

Last quarter the company missed on EPS by $0.19 which was followed by a 1.95% increase in the share price the next day.

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

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	7.05	7.90	9.92	9.60
EPS Actual	6.86	7.87	10.36	9.71
Revenue Estimate	199.98M	226.65M	225.70M	219.34M
Revenue Actual	225.31M	252.44M	266.26M	252.06M

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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