Victory Capital Q4 Adjusted Net Income, Revenue Rise

MT Newswires Live
07 Feb

Victory Capital (VCTR) reported Q4 adjusted net income late Thursday of $1.45 per diluted share, up from $1.15 a year earlier.

Analysts surveyed by FactSet expected $1.37.

Revenue for the quarter ended Dec. 31 was $232.4 million, up from $205.8 million a year earlier.

Analysts surveyed by FactSet expected $229.8 million.

Victory Capital raised its quarterly dividend to $0.47 per share from $0.44 per share, payable March 10 to shareholders of record on Feb. 18.

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