Victory Capital: Q1 Earnings Snapshot

SAN ANTONIO (AP) — SAN ANTONIO (AP) — Victory Capital Holdings Inc. (VCTR) on Thursday reported first-quarter profit of $49.3 million.

The San Antonio-based company said it had profit of 71 cents per share. Earnings, adjusted for amortization costs and costs related to mergers and acquisitions, were $1.08 per share.

The results met Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was also for earnings of $1.08 per share.

The investment management firm posted revenue of $201.3 million in the period, missing Street forecasts. Five analysts surveyed by Zacks expected $202.8 million.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on VCTR at

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