Tradeweb Markets (TW) Tops Q1 EPS by 1c

Tradeweb Markets (NASDAQ: TW) reported Q1 EPS of $0.86, $0.01 better than the analyst estimate of $0.85. Revenue for the quarter came in at $509.7 million versus the consensus estimate of $507.72 million.

The company offered the following FY25 guidance:

Adjusted Expenses: $970 - 1,030 million
Acquisition and Refinitiv Transaction related depreciation and amortization expense: $176 million
Assumed non-GAAP tax rate: ~ 24.5% - 25.5%
Cash capital expenditures and capitalized software development: ~ $99 - 109 million
LSEG Market Data Contract Revenue: ~$90 million

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

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