Stock Analysis
- United States
- /
- Capital Markets
- /
- NasdaqGS:VCTR
Victory Capital Holdings Full Year 2023 Earnings: EPS Beats Expectations
Victory Capital Holdings (NASDAQ:VCTR) Full Year 2023 Results
Key Financial Results
- Revenue: US$821.0m (down 4.0% from FY 2022).
- Net income: US$213.2m (down 23% from FY 2022).
- Profit margin: 26% (down from 32% in FY 2022). The decrease in margin was primarily driven by higher expenses.
- EPS: US$3.22 (down from US$4.02 in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Victory Capital Holdings EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.4%.
Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Capital Markets industry in the US.
Performance of the American Capital Markets industry.
The company's shares are up 1.4% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we've spotted 2 warning signs for Victory Capital Holdings you should be aware of.
Valuation is complex, but we're helping make it simple.
Find out whether Victory Capital Holdings is potentially over or undervalued by checking out our comprehensive analysis, which includes fair value estimates, risks and warnings, dividends, insider transactions and financial health.
View the Free AnalysisHave feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About NasdaqGS:VCTR
Victory Capital Holdings
Victory Capital Holdings, Inc., together with its subsidiaries, operates as an asset management company in the United States and internationally.
High growth potential and good value.