Victory Capital Q3 Earnings: EPS Exceeds Expectations and Revenue Meets Forecasts

Thursday, 8 August 2024, 22:05

Victory Capital has announced its third-quarter results, reporting a non-GAAP EPS of $1.31, which exceeds analysts' expectations by $0.01. The firm posted revenue of $219.6 million, aligning with forecasts. This solid performance highlights the company's resilience in a challenging market environment, and its ability to meet financial targets could bolster investor confidence moving forward.
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Victory Capital Q3 Earnings: EPS Exceeds Expectations and Revenue Meets Forecasts

Victory Capital's Financial Performance

Victory Capital has released its earnings report for the third quarter, showcasing impressive results.

Key Financial Highlights

  • Non-GAAP EPS: $1.31, beating expectations by $0.01
  • Revenue: $219.6 million, in-line with estimates

Conclusion

The positive earnings results signify (low) Victory Capital's ability to navigate the market effectively. As they continue to meet financial targets amid challenges, investor confidence could potentially increase.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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