Virtus Inv Q3 2023 Adj EPS $6.21 Beats $6.17 Estimate, Sales $219.27M Beat $200.57M Estimate
Portfolio Pulse from vinayak@benzinga.com
Virtus Inv (NASDAQ:VRTS) reported Q3 2023 earnings of $6.21 per share, beating the analyst consensus estimate of $6.17 by 0.65 percent. This is a 7.81 percent increase from the same period last year. The company also reported quarterly sales of $219.27 million, beating the analyst consensus estimate of $200.57 million by 9.32 percent, a 4.28 percent increase from the same period last year.
October 27, 2023 | 11:05 am
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Virtus Inv's Q3 2023 earnings and sales beat estimates, showing a YoY increase of 7.81% and 4.28% respectively.
Virtus Inv reported better than expected earnings and sales for Q3 2023, which is likely to have a positive impact on its stock price in the short term. The YoY increase in earnings and sales also indicates a strong financial performance.
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