Victory Capital Holdings, Inc. (VCTR) released earnings for its fourth quarter that increased from last year but missed the Street estimates.
The company's bottom line totaled $76.9 million, or $1.17 per share. This compares with $55.2 million, or $0.82 per share, last year.
Excluding items, Victory Capital Holdings, Inc. reported adjusted earnings of $84.97 million or $1.30 per share for the period.
Analysts on average had expected the company to earn $1.37 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 12.9% to $232.4 million from $205.8 million last year.
Victory Capital Holdings, Inc. earnings at a glance (GAAP) :
-Earnings: $76.9 Mln. vs. $55.2 Mln. last year.
-EPS: $1.17 vs. $0.82 last year.
-Revenue: $232.4 Mln vs. $205.8 Mln last year.
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