Picture of Virtu Financial logo

VIRT Virtu Financial News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedLarge CapNeutral

Virtu Financial Inc reports results for the quarter ended June 30 - Earnings Summary

Virtu Financial Inc VIRT.N reported quarterly adjusted earnings of $1.53​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 83 cents.  The mean expectation of nine analysts for the quarter was for earnings of $1.37 per share. Wall Street expected results to range from $1.25  to $1.45 per share.

Revenue rose 33.1% to $567.72 million from a year ago; analysts expected $481.02 million.

Virtu Financial Inc's reported EPS for the quarter was $1.65​.

The company reported quarterly net income of $151.19 million.

Virtu Financial Inc shares had fallen by 1.7% this quarter and gained 23.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 10.1% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 5 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the investment banking & brokerage services peer group is  "buy."

Wall Street's median 12-month price target for Virtu Financial Inc is $47.50, about 7.3% above its last closing price of $44.04

This summary was machine generated from LSEG data July 30 at 01:30 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20251.371.53Beat
Mar. 31 20251.201.30Beat
Dec. 31 20240.891.14Beat
Sep. 30 20240.790.82Beat

Recent news on Virtu Financial

See all news