Revenue: USD 227 million (up 3.5% from Q3 2023).
Net income: USD 41 million (33% increase compared to Q3 2023).
Margin: 18% (up from 14% in Q3 2023). The increase in profit margin is primarily due to the increase in revenue.
EPS: USD 5.80 (up from USD 4.26 in Q3 2023).
Earnings and revenue history
All numbers shown in the chart above are for the trailing 12 month (TTM) period.
Looking forward, revenues are expected to increase by an average of 1.2% per year over the next three years, compared to a growth forecast of 6.1% for the U.S. capital markets industry.
Performance of the American Capital Markets Industry.
The company’s stock price has fallen 4.6% from a week ago.
Although considering the income statement is very important, you can also learn a lot about a company by looking at the balance sheet. We’ve done some analysis, so take a look at our view on Virtus Investment Partners’ balance sheet.
Do you have feedback on this article? Interested in its content? Please contact us directly. Alternatively, email our editorial team at Simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary using only unbiased methodologies, based on historical data and analyst forecasts, and articles are not intended to be financial advice. This is not a recommendation to buy or sell any stock, and does not take into account your objectives or financial situation. We aim to provide long-term, focused analysis based on fundamental data. Note that our analysis may not factor in the latest announcements or qualitative material from price-sensitive companies. Simply Wall St has no position in any stocks mentioned.
