Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Kritika Sarmah

What to Expect From MarketAxess' Q3 2024 Earnings Report

MarketAxess MKTX

Based in New York, MarketAxess Holdings Inc. (MKTX) is a premier multi-dealer trading platform that connects institutional investors with global liquidity across a wide range of fixed-income securities, including U.S. high-grade corporate bonds, high-yield bonds, and emerging market debt. Valued at a market cap of $9.7 billion, the company derives its revenue from commissions, information services, and post-trade solutions. It is all geared to announce its Q3 earnings for fiscal 2024 on Wednesday, Oct. 23. 

Ahead of the event, analysts expect MarketAxess to report a profit of $1.64 per share, up 12.3% from $1.46 per share in the year-ago quarter. The company has exceeded Wall Street’s EPS estimates in three of the last four quarters while missing on one occasion. Its EPS of $1.72 beat the consensus estimate by 1.8% in the previous quarter.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Taylor Swift and Kim Kardashian Reunion Rumour: Viral 'Spotted Talking' Photo Raises Questions About Their Feud
A viral photo allegedly showing Taylor Swift and Kim Kardashian talking has sparked reunion rumours, but questions remain over its authenticity
International Business Times UK
International Business Times UK
“Looks Like Organs”: Heidi Klum’s Grotesque Halloween Teaser Has Fans Convinced They Know Her Next Transformation
The slimy, close-up teaser for Heidi Klum’s Halloween costume this year is already making people’s stomachs churn.
Bored Panda
Bored Panda
‘He’s not going to punk me. I’ll trick him’: Ali G: Who Iz I? stooge says he was in on joke but didn’t tell Sacha Baron Cohen
Exclusive: Joshua Loudermilk says suspicions first raised during filming by gun shaped like wearable plastic bottom: ‘You’re gonna put a butt on top of a butt? You can’t run in that’ • This article contains spoilers for Ali G: Who Iz I?
The Guardian - UK
The Guardian - UK
Feminine desire is often ignored in sci-fi. Could that be changing?
The gun-slinging heroine of the mobile game Love and Deepspace, first released in 2024, lives on Earth in the year 2048. The planet is suffering from environment collapse and the reality-distorting effects of a spatial anomaly called the Deepspace Tunnel, which has appeared over the planet.
The Conversation
The Conversation
Sofía Vergara Spotted Holding Hands With Dan Reynolds After Reported Minka Kelly Split
Sofía Vergara and Dan Reynolds have prompted romance speculation after being photographed holding hands at a Beverly Hills dinner, weeks after reports of Reynolds's split from Minka Kelly
International Business Times UK
International Business Times UK
Jack White pays moving tribute to brother Edward Gillis after death from cancer
Edward ‘Eddie’ Gillis was the manager of the vinyl pressing factory in Detroit for White’s Third Man Records
The Independent UK
The Independent UK
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play