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Virtus Investment Partners (VRTS) Surpasses Q2 Earnings Estimates

Virtus Investment Partners (VRTS) came out with quarterly earnings of 6.25pershare,beatingtheZacksConsensusEstimateof6.25 per share, beating the Zacks Consensus Estimate of 6.21 per share. This compares to earnings of 6.53pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+0.646.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +0.64%. A quarter ago, it was expected that this asset management company would post earnings of 5.33 per share when it actually produced earnings of $5.73, delivering a surprise of +7.5%.Over the last ...