MarketAxess Holdings (MKTX) Tops Q4 EPS by 4c

MarketAxess Holdings (NASDAQ: MKTX) reported Q4 EPS of $0.88, $0.04 better than the analyst estimate of $0.84. Revenue for the quarter came in at $94.4 million versus the consensus estimate of $93.65 million.

Guidance for 2017

The Company expects total expenses for 2017 to be in the range of $192.0 million to $208.0 million and its capital expenditures for 2017 to be in the range of $25.0 million to $30.0 million. The Company also anticipates that the overall effective tax rate for 2017 will be between 32% and 34%.

For earnings history and earnings-related data on MarketAxess Holdings (MKTX) click here.

You May Also Be Interested In

• AeroVironment restates quarterly financials, citing $89M goodwill error
• Stifel Reiterates Buy Rating on FedEx (FDX) Ahead of Q4 Earnings
• Qtrex Quantum executives plan to buy up to 2M shares over 12 months