Tradeweb Markets (TW) Tops Q4 EPS by 3c

Tradeweb Markets (NASDAQ: TW) reported Q4 EPS of $0.49, $0.03 better than the analyst estimate of $0.46. Revenue for the quarter came in at $293 million versus the consensus estimate of $293.26 million.

Full-Year 2023 Guidance:

• Adjusted Expenses: $669 - 714 million
• Acquisition and Refinitiv Transaction related depreciation and amortization expense: $127 million
• Assumed non-GAAP tax rate: ~24 - 25%
• Cash costs of capital expenditures and capitalized software development: $56 - 62 million

For earnings history and earnings-related data on Tradeweb Markets (TW) click here.

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