NASDAQ$VCTR
Victory Capital Holdings Inc · Q2 2021 earnings
Q2 2021 earnings · · Investor relations
Briefing
Victory Capital reported very strong financial results for the second quarter of 2021.
Victory Capital reported very strong second-quarter financial results, with revenue increasing 22.0% to $221.9 million compared to the same quarter last year. GAAP net income rose 54.9% to $69.3 million, or $0.93 per diluted share. The company's AUM increased to $161.9 billion.
- Total Assets Under Management (AUM) reached $161.9 billion.
- Long-term gross flows were $10.0 billion, with long-term net inflows of $0.3 billion.
- GAAP operating margin was 42.9%, and adjusted EBITDA margin was 50.6%.
- GAAP net income was $0.93 per diluted share, and adjusted net income with tax benefit was $1.18 per diluted share.
Headline financials
Revenue & EPS history
Victory Capital · Revenue · Quarterly
$221M
Forward guidance
Victory Capital is focused on continuing to invest in technology, data, and distribution to yield positive results and prioritize serving clients.
Tailwinds
- Generated excellent investment performance for clients.
- Achieved very strong financial results for shareholders.
- More than 70% of AUM outperformed respective benchmarks for the 3-, 5-, and 10-year periods.
- Recorded the fourth consecutive quarter of revenue and earnings growth.
- Adjusted EBITDA margin greater than 50%.
Headwinds
- The press release does not include negative forward guidance.
- The press release does not include negative forward guidance.
- The press release does not include negative forward guidance.
- The press release does not include negative forward guidance.
- The press release does not include negative forward guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2021
+1.6%
Avg return
Earnings day
+2.1%
Avg return
5 days after
+1.3%
Avg return
30 days after
50%
20 / 40 earnings
Positive
+22.4%
Q3 2018
Best reaction
-6.6%
Q1 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.9% | +4.0% | +4.4% | |
| Q4 2025 | -2.2% | +8.3% | -1.5% | |
| Q3 2025 | -0.8% | +3.0% | +3.2% | |
| Q1 2025 | -1.6% | +7.6% | +8.1% | |
| Q4 2024 | +7.5% | +3.4% | -10.9% | |
| Q3 2024 | +2.1% | -0.0% | +4.3% | |
| Q2 2024 | +8.2% | +9.1% | +13.0% | |
| Q1 2024 | -6.6% | -1.3% | -4.7% | |
| Q4 2023 | +4.8% | -0.6% | +13.1% | |
| Q3 2023 | +8.9% | +5.2% | +8.0% | |
| Q2 2023 | +1.7% | +0.1% | +4.9% | |
| Q1 2023 | +0.8% | +2.5% | +9.2% | |
| Q4 2022 | -2.8% | +4.7% | -3.2% | |
| Q3 2022 | +0.7% | +3.0% | +4.9% | |
| Q2 2022 | -0.2% | -1.1% | -4.4% | |
| Q1 2022 | -6.4% | -10.1% | +1.2% | |
| Q4 2021 | -3.0% | -3.5% | -11.8% | |
| Q3 2021 | +11.7% | +10.4% | -7.9% | |
| Q2 2021 | +6.5% | +7.0% | +6.7% | |
| Q1 2021 | +6.3% | +3.6% | +7.1% | |
| Q4 2020 | +2.4% | +0.8% | +4.7% | |
| Q3 2020 | +7.2% | +7.3% | +22.5% | |
| Q2 2020 | +0.3% | +3.7% | -1.5% | |
| Q1 2020 | +0.7% | -6.1% | +21.5% | |
| Q4 2019 | -1.8% | -2.4% | -34.8% | |
| Q3 2019 | +9.8% | +11.3% | +26.9% | |
| Q2 2019 | -1.7% | -8.2% | -2.2% | |
| Q1 2019 | +5.8% | +16.9% | +12.4% | |
| Q4 2018 | -2.4% | +1.6% | +17.6% | |
| Q3 2017 | -0.6% | +1.3% | -10.2% | |
| Q3 2018 | +22.4% | +39.9% | +38.7% | |
| Q2 2018 | -1.8% | -0.5% | -5.0% | |
| Q1 2017 | -1.7% | -2.6% | +2.4% | |
| Q1 2018 | -0.6% | -4.5% | +2.2% | |
| Q2 2017 | -2.8% | -6.6% | -14.8% | |
| Q2 2016 | -2.8% | -6.6% | -14.8% | |
| Q4 2016 | -2.8% | -6.6% | -14.8% | |
| Q3 2016 | -2.8% | -6.6% | -14.8% | |
| Q4 2015 | -2.8% | -6.6% | -14.8% | |
| Q4 2017 | +4.2% | +3.2% | -11.0% | |
| Q1 2016 | — | — | — |
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