MarketAxess Holdings Q4 EPS $1.84 Beats $1.73 Estimate, Sales $197.25M Miss $197.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
MarketAxess Holdings (NASDAQ:MKTX) reported Q4 earnings of $1.84 per share, surpassing the consensus estimate of $1.73, representing a 16.46% increase from the previous year. However, sales of $197.25M slightly missed the estimate of $197.33M, though they were up 10.87% from the same period last year.
January 31, 2024 | 11:32 am
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MarketAxess Holdings reported higher-than-expected Q4 EPS at $1.84, a 16.46% YOY increase, but missed sales estimates by a small margin, reporting $197.25M against an estimate of $197.33M.
While the EPS beat could be seen as a positive signal, the slight miss on sales may temper investor enthusiasm, leading to a neutral short-term impact on the stock price. The mixed results present both positive and negative aspects, which could balance each other out.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100