Tradeweb Markets Revises FY24 Adjusted Expenses Forecast To $830M - $860M
Portfolio Pulse from Benzinga Newsdesk
Tradeweb Markets has revised its FY24 adjusted expenses forecast to a range of $830 million to $860 million.
July 25, 2024 | 11:05 am
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Tradeweb Markets has revised its FY24 adjusted expenses forecast to a range of $830 million to $860 million. This revision could impact the company's profitability and investor sentiment in the short term.
The revision of the expense forecast to a higher range suggests increased costs, which could negatively impact Tradeweb's profitability. This may lead to a short-term decline in investor sentiment and stock price.
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IMPORTANCE 80
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