MarketAxess Q3 2023 Diluted EPS $1.46 Vs $1.58 YoY, Revenue $172.3M Misses $176.7M Estimate
Portfolio Pulse from Benzinga Newsdesk
MarketAxess has reported its Q3 2023 earnings with a diluted EPS of $1.46, down from $1.58 YoY. The company's revenue of $172.3M missed the estimate of $176.7M.
October 25, 2023 | 10:33 am
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NEGATIVE IMPACT
MarketAxess' Q3 2023 earnings report shows a decrease in diluted EPS and a miss on revenue estimates.
MarketAxess' lower than expected earnings report, including a decrease in EPS and a miss on revenue estimates, could negatively impact investor sentiment and potentially lead to a decrease in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100