earnings
confidence high
sentiment negative
materiality 0.75
Virtus Q1 EPS $4.22 GAAP ($7.87 adj.); AUM $183.3B; net outflows $2.0B
VIRTUS INVESTMENT PARTNERS, INC.
2022-Q1 EPS reported
$4.22
revenue$252,440,000
- GAAP EPS $4.22 (diluted) vs $4.54 YoY, down 7%; adjusted EPS $7.87.
- Revenue $252.4M, up 16% YoY; operating income $65.6M, up 6%.
- Net income attributable to Virtus $33.1M, down 10% from $36.6M YoY.
- Total sales $9.4B; net flows negative $2.0B; AUM $183.3B at quarter end.
- Operating margin 26.0% vs 28.7% in prior-year quarter.