earnings
confidence high
sentiment negative
materiality 0.75
Virtus Q4 2022 EPS $4.77, revenue down 25% YoY to $198.4M; net outflows of $3.4B
VIRTUS INVESTMENT PARTNERS, INC.
2022-FY EPS reported
$15.50
revenue$886,379,000
- GAAP EPS $4.77 (diluted); adjusted EPS $5.17, down from $6.29 in Q4 2021.
- Revenue $198.4M, down 25% YoY; operating income $31.2M, down 63%; operating margin 15.7%.
- Total sales $7.3B; net flows negative $3.4B; AUM $149.4B at quarter-end.
- Net income attributable to Virtus $35.4M, down 29% from $49.8M in Q4 2021.