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MKTXBearishEarningsnews
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MarketAxess (MKTX) Reports Q1 Earnings: What Key Metrics Have to Say

May 7, 2024, 10:49 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- MarketAxess reported $210.32 million in revenue, a 3.5% increase year-over-year. EPS was $1.92. - The reported revenue was slightly below the Zacks Consensus Estimate. EPS beat estimates. - Important metrics like trading volume, average daily volume, and revenue were closely monitored by analysts. - MarketAxess stock has returned -8.3% in the past month, with a Zacks Rank of #3 (Hold). Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • MarketAxess reported $210.32 million in revenue, a 3.5% increase year-over-year. EPS was $1.92.
  • The reported revenue was slightly below the Zacks Consensus Estimate. EPS beat estimates.
  • Important metrics like trading volume, average daily volume, and revenue were closely monitored by analysts.
  • MarketAxess stock has returned -8.3% in the past month, with a Zacks Rank of #3 (Hold).

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