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Virtus: 2Q Earnings Snapshot

July 26, 2019

HARTFORD, Conn. (AP) _ Virtus Investment Partners Inc. (VRTS) on Friday reported second-quarter net income of $26.9 million.

On a per-share basis, the Hartford, Connecticut-based company said it had profit of $3.26. Earnings, adjusted for one-time gains and costs, were $3.63 per share.

The asset management company posted revenue of $140.5 million in the period.

Virtus shares have risen 33% since the beginning of the year. The stock has dropped 19% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VRTS at https://www.zacks.com/ap/VRTS

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