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Barchart
Barchart
Aditya Sarawgi

What to Expect from MarketAxess Holdings’ Next Quarterly Earnings Report

Valued at $8.5 billion by market cap, New York-based MarketAxess Holdings Inc. (MKTX) operates an electronic trading platform for institutional investors and broker-dealer companies worldwide. It focuses on expanding liquidity opportunities, improving execution quality and cost savings across global fixed-income markets. MarketAxess is expected to announce its Q4 results on Wednesday, Jan. 29.

Ahead of the event, analysts expect MarketAxess to report a non-GAAP profit of $1.85 per share, marginally up from $1.84 per share reported in the year-ago quarter. Furthermore, the company has surpassed Wall Street’s bottom-line estimates in each of the past four quarters. Its adjusted EPS for the last reported quarter surged 30.1% year-over-year to $1.90, exceeding analysts’ estimates by 4.4%.

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