Tradeweb Markets Q3 Adj. EPS $0.55, Inline, Sales $328.36M Miss $329.35M Estimate
Portfolio Pulse from Benzinga Newsdesk
Tradeweb Markets (NASDAQ:TW) reported Q3 adjusted earnings of $0.55 per share, in line with analyst consensus. This is a 22.22% increase from last year. However, the company's quarterly sales of $328.36M missed the analyst consensus estimate of $329.35M by 0.30%, despite being a 14.36% increase from last year.
October 26, 2023 | 11:01 am
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NEUTRAL IMPACT
Tradeweb Markets reported Q3 earnings in line with estimates but missed on sales. This could have a mixed impact on the stock.
Tradeweb Markets reported Q3 earnings that met analyst expectations, which is positive for the stock. However, the company missed on sales, which is negative. The net effect could be neutral, hence the score of 0.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100