Virtus Investment Partners Q4 Profit Up - Quick Facts

(RTTNews) - Virtus Investment Partners, Inc. (VRTS) Tuesday reported fourth-quarter profit of $24.8 million or $2.65 per share, up from $12.2 million or $1.50 per share in the same period last year.

On average, five analysts polled by Thomson Reuters expected the company to earn $2.44 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased to $106.50 million from $78.92 million last year. Analysts expected revenues of $105.10 million.

Assets under management increased 27 percent to $57.7 billion from $45.5 billion last year.