Tradeweb Markets Inc TW.OQ reported quarterly adjusted earnings of 86 cents per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 71 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 86 cents per share. Wall Street expected results to range from 84 cents to 88 cents per share.
Revenue rose 24.7% to $509.68 million from a year ago; analysts expected $512.54 million.
Tradeweb Markets Inc's reported EPS for the quarter was 69 cents.
The company reported quarterly net income of $148.38 million.
Tradeweb Markets Inc shares had fallen by 7.5% this quarter and gained 4.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 3.7% in the last three months.
In the last 30 days, three analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the financial & commodity market operators & service providers peer group is also "buy"
Wall Street's median 12-month price target for Tradeweb Markets Inc is $153.00
This summary was machine generated from LSEG data April 30 at 01:32 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 ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Mar. 31 2025 | 0.86 | 0.86 | Met |
Dec. 31 2024 | 0.74 | 0.76 | Beat |
Sep. 30 2024 | 0.76 | 0.75 | Missed |
Jun. 30 2024 | 0.69 | 0.70 | Beat |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.