MarketAxess Holdings Inc. reported adjusted earnings per share of $1.68 for the fourth quarter, surpassing analyst expectations of $1.67. However, the company’s total revenue of $209.4 million slightly missed analyst estimates of $211.56 million, despite a 3.5% increase year-over-year. Shares edged down 0.02% in after-hours trading following the announcement.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
MarketAxess Q4 earnings beat estimates, revenue slightly misses
MarketAxess Holdings Inc. reported adjusted earnings per share of $1.68 for the fourth quarter, surpassing analyst expectations of $1.67. However, the company’s total revenue of $209.4 million slightly missed analyst estimates of $211.56 million, despite a 3.5% increase year-over-year. Shares edged down 0.02% in after-hours trading following the announcement.