Reports Q3 revenue $361.195M, consensus $364.24M. “We continue to make good progress with our integration work associated with Pioneer Investments, our newest Investment Franchise,” said David Brown, Chairman and Chief Executive Officer. “We are firmly on track to deliver $110 million in net expense synergies, while simultaneously investing in strategic growth areas of the business. These net expense synergies are anticipated to be achieved within the previously disclosed timeframe.”
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VCTR:
- Victory Capital price target lowered to $68 from $72 at Barclays
- Victory Capital Reports Q3 AUM and Net Outflows
- Victory Capital reports AUM of $310.6B as of September 30
- Victory Capital price target raised to $69 from $67 at Morgan Stanley
- Victory Capital price target raised to $84 from $83 at BofA