Victory Capital Holdings Earnings Preview
Portfolio Pulse from Benzinga Insights
Victory Capital Holdings (NASDAQ:VCTR) is scheduled to release its quarterly earnings report on February 8, 2024, with analysts expecting an EPS of $1.13. Historical data shows that VCTR's stock price reacts positively to earnings beats and guidance. Last quarter, VCTR beat the EPS estimate by $0.04, leading to a 5.94% increase in its share price the following day. Over the past year, VCTR shares have risen by 14.03%, indicating a bullish sentiment among long-term shareholders.
February 07, 2024 | 5:00 pm
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POSITIVE IMPACT
Victory Capital Holdings is expected to report an EPS of $1.13 for the upcoming quarter. Historical performance suggests a positive reaction to earnings beats and guidance.
Given VCTR's history of positive stock price movement following earnings beats and the anticipation of favorable guidance, it's likely that a similar outcome could occur if the company meets or exceeds the EPS estimate. The historical data showing a 5.94% increase in share price after last quarter's earnings beat supports a positive short-term impact expectation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100