Tradeweb Markets Inc expected to post earnings of 69 cents a share - Earnings Preview

Tradeweb Markets

23/07/2024 16:15

* Tradeweb Markets Inc  TW.OQ   TW.O  is expected to show a
rise
in quarterly revenue when it reports  results on July 25 for the
period ending June 30 2024
    * The New York City-based  company is expected to report a
31.5% increase in revenue to $408.582 million from $310.61
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data. (Sales/Revenue Majority basis is
on Total revenue)
    * ​LSEG's mean analyst estimate for Tradeweb Markets Inc is
for
earnings of 69 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 4
"hold" and no "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 Tradeweb
Markets
Inc is $120.50​, above​ its last closing price of $109.88. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.71        0.71       0.71      Met     0.5
 Jan. 1 2024   0.64        0.64       0.64      Met     0.5
 Jan. 1 0001   0.55        0.55       0.55      Met     -0.6​
 Jun. 30 2023  0.50        0.50       0.52      Beat    3.4
 ​​Jan.        0.53        0.53       0.54      Beat    1.1
 1 0001                                                 
 Dec. 31 2022  0.46        0.46       0.49      Beat    6.5​
 Sep. 30 2022  0.44        0.43       0.45      Beat    3.6
 Jun. 30 2022  0.46        0.46       0.47      Beat    2.6
 This summary was machine generated July 23 at 15:15 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)