Recap: Virtu Financial Q3 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 Q3 earnings results on Thursday, November 3, 2022 at 06:00 AM.

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

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Earnings

Virtu Financial beat estimated earnings by 3.39%, reporting an EPS of $0.61 versus an estimate of $0.59.

Revenue was up $16.70 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.05 which was followed by a 0.73% increase in the share price the next day.

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

 

Quarter Q2 2022 Q1 2022 Q4 2021 Q3 2021
EPS Estimate 0.78 1.23 0.80 0.62
EPS Actual 0.73 1.27 1.19 0.70
Revenue Estimate 359.90M 497.21M 367.25M 324.36M
Revenue Actual 357.36M 701.26M 705.60M 544.34M

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: EarningsBZI-Recaps