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Virtus Investment Partners' Q3 Adjusted Earnings, Revenue Rise
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Virtus Investment Partners' Q3 Adjusted Earnings, Revenue Rise
Nov 3, 2024 11:28 AM

07:24 AM EDT, 10/25/2024 (MT Newswires) -- Virtus Investment Partners ( VRTS ) reported Q3 adjusted earnings Friday of $6.92 per diluted share, up from $6.21 a year earlier.

Four analysts polled by Capital IQ expected $6.80.

Revenue for the quarter ended Sept. 30 was $227 million, compared with $219.3 million a year earlier.

An analyst surveyed by Capital IQ expected $208.1 million.

The company's shares were up nearly 5.9% in recent Friday premarket activity.

Price: 225.47, Change: +12.52, Percent Change: +5.88

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