Virtu Financial Q1 revenue beats estimates on Market Making segment growth

Virtu Financial

29/04/2026 11:58

Overview

US electronic trading firm's Q1 revenue rose, beating analyst expectations

Normalized Adjusted EPS for Q1 beat analyst expectations

Adjusted Net Income for Q1 rose 71% and beat consensus

Outlook

Company did not provide specific guidance or outlook for future quarters or the full year

Result Drivers

MARKET MAKING GROWTH - Market Making segment trading income rose sharply, driving overall revenue and profit growth

EXECUTION SERVICES - Higher commissions and technology services income in Execution Services supported revenue growth

LOWER BROKERAGE AND CLEARANCE FEES - Brokerage, exchange, clearance fees and payments for order flow fell, supporting improved margins

Company press release: ID:nGNX98dhMX

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$1.10 bln
$613.19 mln (6 Analysts)
Q1 Normalized Adjusted EPS
Beat
$2.24
$1.65 (7 Analysts)
Q1 Adjusted Net Income
Beat
$356.70 mln
$241.92 mln (5 Analysts)
Q1 Net Income
$346.60 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "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 $49.50, about 1.2% above its April 28 closing price of $48.91

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 7 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)