/MarketAxess%20Holdings%20Inc_%20logo%20on%20phone-by%20rafapress%20via%20Shutterstock.jpg)
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%.