Virtu Financial Inc reports results for the quarter ended in December - Earnings Summary

Virtu Financial

26/01/2023 14:31

* Virtu Financial Inc  VIRT.OQ  reported quarterly adjusted
earnings of 37 cents​​ per share for the quarter ended in
December. The mean expectation of eight analysts for the quarter
was for earnings of 52 cents per share.
    * Revenue rose 2.5% to $497.77 million from a year ago;
analysts
expected $295.36 million. 
    * Virtu Financial Inc's reported EPS for the quarter was 27
cents​.
    * The mean earnings estimate of analysts had fallen by
about 23%
in the last three months.​ 
    * In the last 30 days seven analysts negatively revised
earnings
estimates 
    * Virtu Financial Inc shares had risen by 0.4% this quarter.
    * The company reported quarterly net income of $27.6
million.
    * Wall Street's median 12-month price target for Virtu
Financial
Inc is $22.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data January
26 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.52           0.37           Missed
 Sep. 30 2022      0.54           0.61           Beat
 Jun. 30 2022      0.70           0.73           Beat
 Mar. 31 2022      1.23           1.27           Beat