Core Insights - Victory Capital has demonstrated a strong performance in surpassing earnings estimates, averaging a 2.54% beat over the last two quarters [1] - The company currently holds an Earnings ESP of +1.22%, indicating a positive outlook from analysts regarding its earnings prospects [3] - Victory Capital's recent earnings report showed earnings of $1.25 per share, exceeding the Zacks Consensus Estimate of $1.21 per share by 3.31% [6] Earnings Performance - In the last reported quarter, Victory Capital's earnings of $1.25 per share surpassed the consensus estimate of $1.21, while the previous quarter's earnings of $1.15 also exceeded expectations of $1.13, resulting in surprises of 3.31% and 1.77% respectively [6] - The company has a solid history of beating earnings estimates, positioning it well for potential continued success in future reports [5] Earnings ESP and Market Position - The Zacks Earnings ESP for Victory Capital is positive, suggesting a strong likelihood of an earnings beat, especially when combined with its Zacks Rank of 2 (Buy) [7] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 or better have a nearly 70% chance of producing a positive surprise [2]
Will Victory Capital (VCTR) Beat Estimates Again in Its Next Earnings Report?