Save the date! Friday 25th October 2024, is when Virtus Investment Partners (NASDAQ: VRTS) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled before market open.
As per the projections made by financial experts on Wall Street, the business is expected to announce an estimated $6.80 profit per share for the quarter. Moreover, the firm is likely to disclose a quarterly revenue of $208.57 million.
In the same three months of the year before, the company made income of $6.21 per share, as shown in their financial report. This number came from the total revenue of $219.27 million that the company earned in that particular quarter.
Wall street analysts expect the company to generate a total revenue of $822.7 million for the entire year. Additionally, these analysts also foresee the company achieving an estimated profit of $26.08 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $6.53 | +20.3% | 224.38 M | +5.1% |
| Q1 2024 | $5.41 | +28.8% | 222.04 M | +12.2% |
| Q4 2023 | $6.11 | +18.2% | 214.59 M | +8.2% |
| Q3 2023 | $6.21 | +7.8% | 219.27 M | +4.3% |
| Q2 2023 | $5.43 | -20.8% | 213.54 M | -5.2% |
| *Growth on year-over-year basis | ||||
VRTS has scheduled a conference call on 25th October 2024 at 10:00 AM eastern time to discuss the third quarter financial results and other related information.
Virtus Investment Partners (VRTS) shares experienced a range of $207.00 to $214.00 on a day volume of 24.50 thousand shares. The stock closed Wednesday's regular trading session at $209.24, reflecting a 2.74 percent decline.
