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VRTS

Virtus Investment Partners, Inc.

$233.36

Earnings Summary

Revenue
$221.07Mn
Net Profits
$29.86Mn
Net Profit Margins
13.51%
PE Ratio
14.07

Highlights

Revenue:

Virtus Investment Partners, Inc.’s revenue jumped 12.22% since last year same period to $221.07Mn in the Q1 2024. On a quarterly growth basis, Virtus Investment Partners, Inc. has generated 3.02% jump in its revenue since last 3-months.

Net Profits:

Virtus Investment Partners, Inc.’s net profit fell -22.7% since last year same period to $29.86Mn in the Q1 2024. On a quarterly growth basis, Virtus Investment Partners, Inc. has generated -3.17% fall in its net profits since last 3-months.

Net Profit Margins:

Virtus Investment Partners, Inc.’s net profit margin fell -31.12% since last year same period to 13.51% in the Q1 2024. On a quarterly growth basis, Virtus Investment Partners, Inc. has generated -6% fall in its net profit margins since last 3-months.

PE Ratio:

Virtus Investment Partners, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 14.07.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Virtus Investment Partners, Inc. post its latest quarter earnings

EPS Estimate Current Quarter
6.78
EPS Estimate Current Year
6.78

Highlights

EPS Estimate Current Quarter:

Virtus Investment Partners, Inc.’s earning per share (EPS) estimates for the current quarter stand at 6.78 - a 25.32% jump from last quarter’s estimates.

EPS Estimate Current Year:

Virtus Investment Partners, Inc.’s earning per share (EPS) estimates for the current year stand at 6.78.

Key Ratios

Key ratios of the Virtus Investment Partners, Inc. post its Q1 2024 earnings

Earning Per Share (EPS)
5.41
Return on Assets (ROA)
0.03
Return on Equity (ROE)
0.15
Dividend Per Share (DPS)
1.9

Highlights

Earning Per Share (EPS):

Virtus Investment Partners, Inc.’s earning per share (EPS) jumped 28.81% since last year same period to 5.41 in the Q1 2024. This indicates that the Virtus Investment Partners, Inc. has generated 28.81% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Virtus Investment Partners, Inc.’s return on assets (ROA) stands at 0.03.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Virtus Investment Partners, Inc.’s return on equity (ROE) stands at 0.15.

Dividend Per Share (DPS):

Virtus Investment Partners, Inc. declared 1.9 dividend per share during the earnings announcement for Q1 2024.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2024-05-08
5.41
5.41
0%