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MarketAxess Holdings Inc. (MKTX) released earnings for fourth quarter that decreased from the same period last year and missed the Street estimates.


RTTNews | Jan 26, 2022 06:45AM EST

06:44 Wednesday, January 26, 2022 (RTTNews.com) - MarketAxess Holdings Inc. (MKTX) released earnings for fourth quarter that decreased from the same period last year and missed the Street estimates.

The company's earnings came in at $52.19 million, or $1.37 per share. This compares with $72.93 million, or $1.91 per share, in last year's fourth quarter.

Analysts on average had expected the company to earn $1.43 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.7% to $165.06 million from $171.35 million last year.

MarketAxess Holdings Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $52.19 Mln. vs. $72.93 Mln. last year.-EPS (Q4): $1.37 vs. $1.91 last year.-Analyst Estimates: $1.43-Revenue (Q4): $165.06 Mln vs. $171.35 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3257333/marketaxess-holdings-inc-q4-profit-retreats-misses-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

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