Virtus Investment Partners reported a strong Q4 2019, with diluted EPS of $2.83 and adjusted diluted EPS of $4.32. The company's long-term AUM reached $107.7 billion, and total AUM was $108.9 billion. Net flows were positive at $0.3 billion, marking a significant improvement from the previous quarter.
Diluted earnings per share were $2.83, while adjusted diluted earnings per share reached $4.32.
Total sales amounted to $4.8 billion, with net flows of $0.3 billion.
Long-term assets under management totaled $107.7 billion, and total assets under management reached $108.9 billion.
The company repurchased 85,745 shares for $10.0 million and repaid $15.0 million of debt during the quarter.
The company does not provide specific financial guidance in the earnings report.
Visualization of income flow from segment revenue to net income
Analyze how earnings announcements historically affect stock price performance