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Jun 30, 2022
Virtus Q2 2022 Earnings Report
Virtus Investment Partners reported a decrease in earnings per share and net outflows, impacted by market performance and retail demand.
Key Takeaways
Virtus Investment Partners reported financial results for the second quarter of 2022, with diluted earnings per share of $2.29 and adjusted diluted earnings per share of $6.86. The company faced challenges including net outflows and market performance impacts.
Earnings per share - diluted was $2.29, while adjusted earnings per share - diluted was $6.86.
Total sales reached $7.9 billion, but net flows resulted in an outflow of $4.8 billion.
Assets under management totaled $155.4 billion.
Institutional sales experienced strong growth, reaching their highest quarterly level.
Forward Guidance
This press release contains statements that are, or may be considered to be, forward-looking statements. All statements that are not historical facts, including statements about our beliefs or expectations, are “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995, as amended.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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