Virtus Investment Partners, Inc. (NASDAQ:VRTS) recorded its third quarter earnings results on Friday 23rd October 2020 before market open.
The company reported $ 3.71 income per share for the third quarter.
On adjusted basis, Virtus Investment Partners, Inc. reported income for the quarter of $ 4.49 per share, beat the consensus estimate of $ 4.32 income per share by $ 0.17 or 3.94 percent.
The quarterly earnings surged 25.76 percent compared with the same quarter last year.
Virtus Investment Partners, Inc. had revenue of $ 154.80 million for the quarter, compared to the consensus estimate of $ 134.42 million. The revenues outshined analysts estimates by $ 20.38 million or 15.16 percent.
The financial report showed revenues extended 6.06 percent versus third quarter of last year.
Analysts estimates are from Thompson Reuters, exclude one time gain or loss
