SAN ANTONIO (AP) — SAN ANTONIO (AP) — Victory Capital Holdings Inc. (VCTR) on Thursday reported fourth-quarter profit of $55.2 million.

On a per-share basis, the San Antonio-based company said it had profit of 82 cents. Earnings, adjusted for pretax expenses and amortization costs, came to $1.15 per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.

The investment management firm posted revenue of $205.8 million in the period, also exceeding Street forecasts. Four analysts surveyed by Zacks expected $202.6 million.

For the year, the company reported profit of $213.2 million, or $3.12 per share. Revenue was reported as $821 million.

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