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

Tradeweb Markets

26/10/2023 14:33

* Tradeweb Markets Inc  TW.OQ  reported quarterly adjusted
earnings of 55 cents​​ per share for the quarter ended in
September. The mean expectation of thirteen analysts for the
quarter was for earnings of 55 cents per share.
    * Revenue rose 14.4% to $328.36 million from a year ago;
analysts
expected $329.35 million. 
    * Tradeweb Markets Inc's reported EPS for the quarter was 46
cents​.
    * The mean earnings estimate of analysts had risen by
about 2.9%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Tradeweb Markets Inc shares had risen by 4.0% this
quarter and
gained 28.4% so far this year.
    * The company reported quarterly net income of $98.61
million.
    * Wall Street's median 12-month price target for Tradeweb
Markets
Inc is $91.50 
    * 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
October 26 at 01:33 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.55           0.55           Met
 Jun. 30 2023      0.50           0.52           Beat
 Mar. 31 2023      0.53           0.54           Beat
 Dec. 31 2022      0.46           0.49           Beat