Victory Capital Posts Record Third Quarter 2019 Financial Results
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Victory Capital (VCTR) Tops Q3 EPS by 2c
November 4, 2019 4:27 PM ESTVictory Capital (NASDAQ: VCTR) reported Q3 EPS of $0.91, $0.02 better than the analyst estimate of $0.89. Revenue for the quarter came in at $215 million versus the consensus estimate of $214.06 million.
Total AUM of $145.8 billionLong-term net inflows of $726 million; long-term gross flows of $7.5 billionGAAP operating margin of 25.9%; GAAP earnings of $0.35 per diluted shareAdjusted net income with tax benefit per diluted share of $0.911Adjusted EBITDA margin of 44.8%1Debt reduced by $63 millionBoard authorizes regular... More