Victory Capital Holdings reports Q1 2024 EPS of $0.86, increased profit margin, and 16% annual revenue growth forecast.

Victory Capital Holdings (NASDAQ:VCTR) reported Q1 2024 earnings with EPS of $0.86, up from $0.73 in 1Q 2023. Profit margin increased to 26% from 25% due to higher revenue. The company declared a quarterly dividend of $0.37 per share, up from $0.34. Revenue is forecast to grow 16% annually over the next 3 years, compared to a 5.5% growth forecast for the US Capital Markets industry.

May 11, 2024
4 Articles

Further Reading