Recap: MarketAxess Holdings Q4 Earnings

Shares of MarketAxess Holdings MKTX remained unaffected after the company reported Q4 results.

Quarterly Results

Earnings per share rose 44.70% year over year to $1.91, which beat the estimate of $1.83.

Revenue of $171,346,000 higher by 32.03% from the same period last year, which beat the estimate of $168,620,000.

Outlook

MarketAxess Holdings hasn't issued any earnings guidance for the time being.

MarketAxess Holdings hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Jan 27, 2021

Time: 10:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/owtdpr8t

Technicals

Company's 52-week high was at $606.45

Company's 52-week low was at $275.50

Price action over last quarter: down 8.48%

Company Overview

MarketAxess Holdings Inc is a United States-based company engaged in operating an electronic trading platform. The platform enables fixed-income market participants to trade corporate bonds and other types of fixed-income instruments using patented trading technology. It also provides related data, analytics, compliance tools, and post-trade services. The key trading products are U.S. High-Grade Corporate Bonds, Emerging Markets Bonds, U.S. Crossover and High-Yield Bonds, Eurobonds, U.S. Agency Bonds, Municipal Bonds and others. The business operations of the company carried in the United States, the United Kingdom, and other countries, of which a majority of the revenue is derived from the United States.