Virtu Financial Inc expected to post earnings of 89 cents a share - Earnings Preview

Reuters
01-27
  • Virtu Financial Inc VIRT.OQ VIRT.O is expected to show a rise in quarterly revenue when it reports results on January 29 for the period ending December 31 2024

  • The New York City-based company is expected to report a 46.9% increase in revenue to $391.62 million from $266.58 million a year ago, according to the mean estimate from 6 analysts, based on LSEG data. (Sales/Revenue Majority Basis is on Net Revenues)

  • ​LSEG's mean analyst estimate for Virtu Financial Inc is for earnings of 89 cents per share.

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell."

  • The mean earnings estimate of analysts was unchanged in the last three months. ​

  • Wall Street's median 12-month price target for Virtu Financial Inc is $39.50​, below​ its last closing price of $39.52. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Sep. 30 2024

0.78

0.79

0.82

Beat

3.7

Jun. 30 2024

0.61

0.60

0.83

Beat

37.6

Mar. 31 2024

0.54

0.53

0.76

Beat

44.1​

Dec. 31 2023

0.36

0.41

0.27

Missed

-33.7

​​Sep. 30 2023

0.40

0.41

0.45

Beat

10.8

Jun. 30 2023

0.36

0.37

0.37

Met

1.2​

Mar. 31 2023

0.60

0.59

0.74

Beat

26.1

Dec. 31 2022

0.49

0.52

0.37

Missed

-29.3

This summary was machine generated January 27 at 13:38 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

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