Victory Capital Holdings beats Q2 estimates with earnings of $2.21 per share

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Summary · why it matters

Victory Capital Holdings reported second-quarter earnings of $2.21 per share, beating the Zacks Consensus Estimate of $1.81 per share by 22.1%. Revenue came in at $435.36 million, surpassing the consensus estimate by 12.82% and up from $351.21 million a year ago. The company has now exceeded consensus EPS estimates in each of the last four quarters. Shares have gained about 62.7% year to date, compared with a 13% rise in the S&P 500.

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