MarketAxess Holdings Full Year 2024 Earnings: In Line With Expectations

MarketAxess Holdings (NASDAQ:MKTX) Full Year 2024 Results

Key Financial Results

• Revenue: US$817.1m (up 8.6% from FY 2023).
• Net income: US$274.2m (up 6.2% from FY 2023).
• Profit margin: 34% (in line with FY 2023).
• EPS: US$7.29 (up from US$6.87 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

MarketAxess Holdings Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Capital Markets industry in the US.

Performance of the American Capital Markets industry.

The company's shares are down 7.6% from a week ago.

Risk Analysis

It is worth noting though that we have found 1 warning sign for MarketAxess Holdings that you need to take into consideration.

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