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Virtus Investment Partners (VRTS)
NYSE:VRTS
Earnings Data
Report Date
Apr 24, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
5.15Last Year’s EPS
5.73Same Quarter Last Year
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call reflected a mixed picture: significant near-term challenges from large net outflows and equity style headwinds materially reduced AUM and pressured quarterly earnings metrics, but the firm demonstrated offsetting strengths — robust ETF momentum, product launches, strategic private-market investments (Keystone and Crescent Cove), disciplined expense control, share repurchases, and a strong liquidity position. Management emphasized long-term conviction in its quality strategies and diversification efforts while noting encouraging early Q1 flow signals in ETFs and fixed income.Company Guidance
ETF Growth and Strong ETF Flows
ETF AUM rose to $5.2 billion, up $500 million sequentially and up 72% year-over-year; ETFs generated $600 million of positive net flows in the quarter and continue to show double-digit organic growth.
Product Innovation and Distribution Expansion
Launched three new actively managed ETFs in the quarter (including growth opportunities and dividend strategies), now have 25 ETFs total, with additional active ETF launches planned (Stone Harbor, Duff & Phelps, Silvent) and filings for interval funds and retail SMAs.
Strategic M&A into Private Markets
Announced pending acquisition of 56% of Keystone National (asset-based private credit, ~$2.5 billion AUM) and completed a 35% minority investment in Crescent Cove (venture growth/venture debt, >$1 billion AUM) to broaden private market capabilities and distribution opportunities.
Solid Balance Sheet and Liquidity
Ended quarter with $386 million cash & equivalents, an undrawn $250 million revolver, de minimis net leverage ($13 million net debt) and gross debt/EBITDA of 1.3x; anticipating ~1.2x net leverage at March 31 after Keystone closing.
Share Repurchases and Capital Return
Repurchased ~60,000 shares for $10 million in the quarter and $60 million for the full year (347,000 shares, ~5% of beginning shares), demonstrating ongoing share repurchase activity alongside dividend policy.
Strong Long-Term Investment Performance (Fixed Income & Alternatives)
Three-year outperformance: 76% of fixed income AUM and 60% of alternatives AUM beat benchmarks; ten-year outperformance: 77% fixed income, 71% alternatives; for mutual funds ten-year: 87% of fixed income funds and 65% of equity funds beat peer median.
Expense Management
Employment expenses as adjusted decreased 3% to $95.8 million and other operating expenses as adjusted decreased to $30.2 million, helping partially offset lower average AUM.
VRTS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VRTS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 06, 2026 | $150.96 | $140.29 | -7.07% |
Oct 24, 2025 | $172.30 | $161.56 | -6.23% |
Jun 30, 2025 | $175.87 | $174.16 | -0.98% |
Apr 25, 2025 | $148.38 | $145.01 | -2.27% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Virtus Investment Partners (VRTS) report earnings?
Virtus Investment Partners (VRTS) is schdueled to report earning on Apr 24, 2026, Before Open (Confirmed).
What is Virtus Investment Partners (VRTS) earnings time?
Virtus Investment Partners (VRTS) earnings time is at Apr 24, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VRTS EPS forecast?
VRTS EPS forecast for the fiscal quarter 2026 (Q1) is 5.15.