Recap: Virtu Financial Q2 Earnings


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 

Virtu Financial (NASDAQ:VIRT) reported its Q2 earnings results on Thursday, July 28, 2022 at 07:00 AM.

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Here's what investors need to know about the announcement.

Earnings

Virtu Financial missed estimated earnings by 6.41%, reporting an EPS of $0.73 versus an estimate of $0.78.

Revenue was up $55.77 million from the same period last year.


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Past Earnings Performance

Last quarter the company beat on EPS by $0.04 which was followed by a 1.7% drop in the share price the next day.

Here's a look at Virtu Financial's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 1.23 0.80 0.62 0.81
EPS Actual 1.27 1.19 0.70 0.63
Revenue Estimate 497.21M 367.25M 324.36M 381.03M
Revenue Actual 701.26M 705.60M 544.34M 548.97M

To track all earnings releases for Virtu Financial visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNewsBZI-Recaps