Tradeweb Markets Inc reports results for the quarter ended in March - Earnings Summary

• Tradeweb Markets Inc TW reported quarterly adjusted earnings of 71 cents​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of 54 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 71 cents per share. Wall Street expected results to range from 68 cents to 74 cents per share.

• Revenue rose 24.1% to $408.74 million from a year ago; analysts expected $411.33 million.

• Tradeweb Markets Inc's reported EPS for the quarter was 59 cents​.

• The company reported quarterly net income of $126.05 million.

• Tradeweb Markets Inc shares had fallen by 1.2% this quarter and gained 13.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 9.8% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 11 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the financial & commodity market operators & service providers peer group is also "buy"

Wall Street's median 12-month price target for Tradeweb Markets Inc is $113.00

This summary was machine generated from LSEG data April 25 at 05:06 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)