Recap: Tradeweb Markets Q3 Earnings

Shares of Tradeweb Markets TW were unchanged after the company reported Q3 results.

Quarterly Results

Earnings per share increased 11.11% year over year to $0.30, which beat the estimate of $0.29.

Revenue of $212,870,000 higher by 5.92% from the same period last year, which beat the estimate of $209,540,000.

Outlook

Tradeweb Markets hasn't issued any earnings guidance for the time being.

Tradeweb Markets hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Oct 28, 2020

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/66yrk52y

Recent Stock Performance

52-week high: $69.06

Company's 52-week low was at $33.23

Price action over last quarter: Up 10.50%

Company Profile

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.