Shares of Tradeweb Markets TW rose 0.7% in pre-market trading after the company reported Q2 results.
Quarterly Results
Earnings per share rose 20.00% year over year to $0.30, which beat the estimate of $0.29.
Revenue of $212,107,000 rose by 11.35% from the same period last year, which missed the estimate of $212,360,000.
Looking Ahead
Tradeweb Markets hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Jul 30, 2020
Time: 09:00 AM
ET Webcast URL: https://edge.media-server.com/mmc/p/wn5ow23z
Price Action
Company's 52-week high was at $69.06
Company's 52-week low was at $33.23
Price action over last quarter: down 5.47%
Company Description
Tradeweb Markets Inc is involved in building and operating electronic marketplaces for its network of clients across the financial ecosystem. Its network is comprised of clients across the institutional, wholesale and retail client sectors, including asset managers, hedge funds, insurance companies, central banks, banks and dealers, proprietary trading firms and retail brokerage and financial advisory firms, as well as regional dealers. The company generates maximum revenue from the institutional client. Geographically, it derives a majority of revenue from the United States.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.