Marex Group PLC reports results for the quarter ended December 31 - Earnings Summary

Reuters
06 Mar
Marex Group <a href="https://laohu8.com/S/PLC">PLC</a> reports results for the quarter ended December 31 - Earnings Summary
  • Marex Group PLC MRX.OQ reported quarterly adjusted earnings of 76 cents​​ per share for the quarter ended December 31. The mean expectation of seven analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 62 cents to 70 cents per share.

  • Revenue was $415.60 million​; analysts expected $378.44 million.

  • Marex Group PLC's reported EPS for the quarter was 70 cents​.

  • The company reported quarterly net income of $56.7 million.

  • Marex Group PLC shares had risen by 16.2% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had risen by about 4% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the investment banking & brokerage services peer group is also "buy"

Wall Street's median 12-month price target for Marex Group PLC is $38.50

This summary was machine generated from LSEG data March 6 at 02:33 p.m. UTC. ​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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.64

0.76

Beat

Sep. 30 2024

0.68

0.76

Beat

Jun. 30 2024

0.56

0.90

Beat

0.69

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