Victory Capital Holdings Inc (VCTR) Q3 2024: Everything You Need to Know Ahead of Earnings

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Victory Capital Holdings Inc (VCTR, Financial) is set to release its Q3 2024 earnings on Nov 7, 2024. The consensus estimate for Q3 2024 revenue is $223.59 million, and the earnings are expected to come in at $1.10 per share. The full year 2024's revenue is expected to be $886.92 million, and the earnings are expected to be $3.98 per share. More detailed estimate data can be found on the Forecast page.

Victory Capital Holdings Inc (VCTR, Financial) Estimates Trends

Over the past 90 days, revenue estimates for Victory Capital Holdings Inc (VCTR) for the full year 2024 have increased from $885.32 million to $886.92 million. For 2025, the estimates have risen from $1.08 billion to $1.20 billion. Earnings estimates have also seen an upward revision; for the full year 2024, estimates increased from $3.85 per share to $3.98 per share, and for 2025, from $4.92 per share to $5.12 per share.

Victory Capital Holdings Inc (VCTR, Financial) Reported History

In the previous quarter of June 30, 2024, Victory Capital Holdings Inc's (VCTR) actual revenue was $219.62 million, which beat analysts' revenue expectations of $219.49 million by 0.06%. Victory Capital Holdings Inc's (VCTR) actual earnings were $1.12 per share, which missed analysts' earnings expectations of $1.13 per share by -0.88%. After releasing the results, Victory Capital Holdings Inc (VCTR) was up by 4.19% in one day.

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Victory Capital Holdings Inc (VCTR, Financial) 12 Month Price Targets

Based on the one-year price targets offered by 8 analysts, the average target price for Victory Capital Holdings Inc (VCTR) is $61.38 with a high estimate of $69 and a low estimate of $55. The average target implies an upside of 0.8% from the current price of $60.89.

Based on GuruFocus estimates, the estimated GF Value for Victory Capital Holdings Inc (VCTR, Financial) in one year is $49.41, suggesting a downside of -18.85% from the current price of $60.89.

Based on the consensus recommendation from 10 brokerage firms, Victory Capital Holdings Inc's (VCTR, Financial) average brokerage recommendation is currently 2.4, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.

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This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.