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

Tradeweb Markets

27/07/2023 15:16

* Tradeweb Markets Inc  TW.OQ  reported quarterly adjusted
earnings of 52 cents​​ per share for the quarter ended in June.
The mean expectation of thirteen analysts for the quarter was
for earnings of 50 cents per share.
    * Revenue rose 4.5% to $310.61 million from a year ago;
analysts
expected $309.07 million. 
    * Tradeweb Markets Inc's reported EPS for the quarter was 42
cents​.
    * The mean earnings estimate of analysts had fallen by
about 5.4%
in the last three months.​ 
    * In the last 30 days, ten analysts negatively revised
earnings
estimates 
    * Tradeweb Markets Inc shares had risen by 9.0% this
quarter and
gained 14.9% so far this year.
    * The company reported quarterly net income of $89.08
million.
    * Wall Street's median 12-month price target for Tradeweb
Markets
Inc is $84.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 02:16 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.50           0.52           Beat
 Mar. 31 2023      0.53           0.54           Beat
 Dec. 31 2022      0.46           0.49           Beat
 Sep. 30 2022      0.43           0.45           Beat