Virtu Financial rises as Q1 results beat estimates

Virtu Financial

20/04/2023 12:57

** Shares of brokerage Virtu Financial Inc  VIRT.O  up 1.6%
at $20.16 in premarket trade
    ** Co reports Q1 total revenue of $610.5 mln, well above
Wall St est of $325.9 mln - Refinitiv 
    ** Q1 adj profit of $0.74/shr also beat analysts' est of
$0.59/shr 
    ** Three of eight brokerages rate the stock "buy" or higher;
Current median PT is $21 - Refinitiv
    ** VIRT stock down about 3% YTD

    

 (Reporting by Richard Rohan Francis in Bengaluru)
 ((RichardRohan.Francis@thomsonreuters.com;))