How did VCTR's Q4 earnings surprise impact its annual performance?

Victory Capital's (VCTR) Q4 earnings surprise had a positive impact on its annual performance, as evidenced by the company's financial results over the past three years and the earnings surprise in Q4 2024. 1. **Growth in Net Income and Total Revenue**: VCTR's net income has steadily increased from $213.16 million in 2023 to $288.86 million in 2024, with a notable jump from $275.51 million in 2022 to $288.86 million in 2024. Similarly, total revenue has risen from $821.03 million in 2023 to $893.48 million in 2024, indicating a strong upward trend in the company's financial performance. |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |VCTR|VCTR.O|Victory Capital|2022 Q1|9.311064077789025|7.1273E7|185| |VCTR|VCTR.O|Victory Capital|2022 Q2|14.342428179587122|7.9205E7|185| |VCTR|VCTR.O|Victory Capital|2022 Q3|-1.9022581732389618|7.2764E7|185| |VCTR|VCTR.O|Victory Capital|2022 Q4|-25.05376960798371|5.2269E7|185| |VCTR|VCTR.O|Victory Capital|2023 Q1|-30.8672288243795|4.9273E7|185| |VCTR|VCTR.O|Victory Capital|2023 Q2|-28.45022410201376|5.6671E7|185| |VCTR|VCTR.O|Victory Capital|2023 Q3|-28.52646913308779|5.2007E7|185| |VCTR|VCTR.O|Victory Capital|2023 Q4|5.619009355449693|5.5206E7|185| |VCTR|VCTR.O|Victory Capital|2024 Q1|13.025389158362591|5.5691E7|185| |VCTR|VCTR.O|Victory Capital|2024 Q2|31.021157205625453|7.4251E7|185| |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |VCTR|VCTR.O|Victory Capital|2022 Q1|8.016003831903413|2.30019E8|185| |VCTR|VCTR.O|Victory Capital|2022 Q2|-2.6579061215660826|2.16006E8|185| |VCTR|VCTR.O|Victory Capital|2022 Q3|-8.40956295019665|2.0726E8|185| |VCTR|VCTR.O|Victory Capital|2022 Q4|-12.049039376402092|2.01515E8|185| |VCTR|VCTR.O|Victory Capital|2023 Q1|-12.476795395163007|2.0132E8|185| |VCTR|VCTR.O|Victory Capital|2023 Q2|-5.453552216142144|2.04226E8|185| |VCTR|VCTR.O|Victory Capital|2023 Q3|1.1714754414744766|2.09688E8|185| |VCTR|VCTR.O|Victory Capital|2023 Q4|2.123415130387316|2.05794E8|185| |VCTR|VCTR.O|Victory Capital|2024 Q1|7.220842439896683|2.15857E8|185| |VCTR|VCTR.O|Victory Capital|2024 Q2|7.538217464965284|2.19621E8|185| 2. **Earnings Surprise Contribution**: The earnings surprise in Q4 2024 was $0.08 per share. While this figure may seem modest, it contributed to the overall financial performance of the year, particularly in light of the company's steady growth in net income and total revenue. In conclusion, Victory Capital's Q4 earnings surprise had a positive effect on its annual performance, reinforcing the company's upward financial trajectory. This positive surprise, along with consistent growth in net income and total revenue, suggests that VCTR is performing well and could be considered a strong investment option, assuming market conditions remain favorable.