earnings
confidence high
sentiment positive
materiality 0.70
Victory Capital Q2 GAAP EPS $0.83, adj. EPS $1.11; AUM $161.6B
Victory Capital Holdings, Inc.
2023-Q2 EPS reported
$1.53
revenue$405,546,000
- GAAP net income $0.83/diluted share; adjusted net income $1.11/diluted share (with tax benefit).
- Total AUM $161.6B; long-term gross flows $5.6B, long-term net outflows $2.1B.
- GAAP operating margin 42.9%; adjusted EBITDA margin 50.9% (12th consecutive quarter above 49% guidance).
- Board declared $0.32 quarterly cash dividend; repurchased 1.5 million shares during quarter.
- Investment performance: 72%, 79%, 77% of AUM outperformed benchmarks over 3, 5, 10 years.