Marketaxess Holdings Inc expected to post earnings of $1.73 a share - Earnings Preview

MarketAxess Holdings

29/01/2024 14:06

* Marketaxess Holdings Inc  MKTX.OQ   MKTX.O  is expected
to show
a rise in quarterly revenue when it reports  results on January
31 for the period ending December 31 2023
    * The New York City-based  company is expected to report a
10.7% increase in revenue to $196.862 million from $177.9
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data. (Sales/Revenue Majority Basis is
on Total revenues)
    * ​LSEG's mean analyst estimate for Marketaxess Holdings Inc
is
for earnings of $1.73 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 9
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Marketaxess
Holdings Inc is $283.00​, above​ its last closing price
of $276.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.46        1.48       1.46      Missed  -1.1
 Jun. 30 2023  1.57        1.57       1.59      Beat    1.1
 Mar. 31 2023  1.89        1.90       1.96      Beat    3.1​
 Dec. 31 2022  1.56        1.56       1.58      Beat    1.6
 ​​Sep.        1.50        1.50       1.58      Beat    5.5
 30 2022                                                
 Jun. 30 2022  1.70        1.70       1.78      Beat    4.8​
 Mar. 31 2022  1.68        1.69       1.71      Beat    1.4
 Dec. 31 2021  1.42        1.42       1.37      Missed  -3.6
 This summary was machine generated January 29 at 14:05 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)