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Victory Capital: Q4 Earnings Snapshot

By AP News - Feb 09, 2023, 05:45 PM ET

Last Updated - Jun 22, 2023, 10:16 PM EDT

SAN ANTONIO (AP) — SAN ANTONIO (AP) — Victory Capital Holdings Inc. (VCTR) on Thursday reported fourth-quarter earnings of $52.3 million.

The San Antonio-based company said it had profit of 74 cents per share. Earnings, adjusted for amortization costs and pretax expenses, were $1.05 per share.

The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of $1.05 per share.

The investment management firm posted revenue of $201.5 million in the period, surpassing Street forecasts. Five analysts surveyed by Zacks expected $198.4 million.

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