Tradeweb Markets Inc reports results for the quarter ended in December - Earnings Summary

Tradeweb Markets

06/02/2024 14:31

* Tradeweb Markets Inc  TW.OQ  reported quarterly adjusted
earnings of 64 cents​​ per share for the quarter ended in
December, higher than the same quarter last year, when the
company reported EPS of 49 cents.  The mean expectation of
thirteen analysts for the quarter was for earnings of 64 cents
per share. Wall Street expected results to range from 62 cents
to 66 cents per share.
    * Revenue rose 26.3% to $370.00 million from a year ago;
analysts
expected $371.46 million. 
    * Tradeweb Markets Inc's reported EPS for the quarter was 42
cents​.
    * The company reported quarterly net income of $89.31
million.
    * Tradeweb Markets Inc shares had risen by 7.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 12.7%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the financial &
commodity market operators & service providers peer group is
also "buy"

Wall Street's median 12-month price target for Tradeweb Markets
Inc is $103.00 
This summary was machine generated from LSEG data February 6 at
02:31 p.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
 Dec. 31 2023      0.64           0.64           Met
 Sep. 30 2023      0.55           0.55           Met
 Jun. 30 2023      0.50           0.52           Beat
 Mar. 31 2023      0.53           0.54           Beat