MarketAxess Holdings (MKTX) Tops Q4 EPS by 1c, Slight Beat on Revenues

MarketAxess Holdings (NASDAQ: MKTX) reported Q4 EPS of $0.88, $0.01 better than the analyst estimate of $0.87. Revenue for the quarter came in at $99.6 million versus the consensus estimate of $98.48 million.

Fourth Quarter Financial Highlights*

• Revenues of $99.6 million, up 5.4%
• Pre-tax income of $49.4 million, a decrease of 1.9%
• One-time tax charge of $11.7 million related to the Tax Cuts and Jobs Act
• Diluted EPS of $0.88, consistent with prior year
• Trading volume of $355.6 billion, up 5.1%

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

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