earnings
confidence high
sentiment positive
materiality 0.70
Victory Capital reports Q3 adjusted EPS $1.19, EBITDA margin 50.0%; positive YTD net flows $1.9B
Victory Capital Holdings, Inc.
2022-Q3 EPS reported
$3.07
revenue$653,285,000
- GAAP net income $1.01/diluted share; adjusted net income $1.19/diluted share with tax benefit.
- Adjusted EBITDA margin 50.0% (up 80 bps QoQ); GAAP operating margin 47.6%.
- Long-term net flows -$553M in Q3 but +$1.9B YTD; AUM $147.3B at quarter end.
- Repurchased 1.8M shares in Q3 ($145M debt reduction YTD); Board authorized $0.25 quarterly dividend.
- 81%, 79%, 80% of AUM outperforming benchmarks over 3/5/10 years; 52 funds rated 4- or 5-star by Morningstar.