Marketaxess Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Marketaxess Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
Marketaxess Holdings Inc MKTX.OQ reported quarterly adjusted earnings of $1.95 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of $2.00. The mean expectation of eleven analysts for the quarter was for earnings of $1.85 per share. Wall Street expected results to range from $1.81 to $1.90 per share.
Revenue fell 0.5% to $218.42 million from a year ago; analysts expected $216.70 million.
Marketaxess Holdings Inc's reported EPS for the quarter was $1.93.
The company reported quarterly net income of $68.32 million.
Marketaxess Holdings Inc shares had risen by 10.8% this quarter and lost 30.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 10.7% in the last three months.
In the last 30 days, seven analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 4 "strong buy" or "buy," 10 "hold" and no "sell" or "strong sell." The average consensus recommendation for the financial & commodity market operators & service providers peer group is "buy."
Wall Street's median 12-month price target for Marketaxess Holdings Inc is $131.00, about 24.2% above its last closing price of $162.76
This summary was machine generated from LSEG data July 31 at 12:36 a.m. UTC. 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)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 1.85 | 1.95 | Beat |
Mar. 31 2026 | 2.15 | 2.25 | Beat |
Dec. 31 2025 | 1.65 | 2.51 | Beat |
Sep. 30 2025 | 1.70 | 1.84 | Beat |
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Marketaxess Holdings Inc reports results for the quarter ended June 30 - Earnings Summary
NASDAQ RESUMED AT 08:00 AM
Brief: Marketaxess Holdings Inc If Terminated Under Certain Circumstances, Company Must Pay To Intercontinental Exchange Termination Fee Of $148.8 Million