earnings
confidence high
sentiment negative
materiality 0.75
MarketAxess Q4 revenue down 4% to $165.1M, EPS $1.37; dividend raised to $0.70, $150M buyback authorized
MARKETAXESS HOLDINGS INC
2021-FY EPS reported
$6.77
revenue$698,951,000
- Q4 revenues $165.1M (-4% YoY); operating income $72.6M (-21%); diluted EPS $1.37 (-28%).
- FY2021 record revenues $699.0M (+1%); operating income $337.2M (-10%); diluted EPS $6.77 (-14%).
- Dividend increased 6% to $0.70 per share, payable Feb 23, 2022 to holders of record Feb 9.
- Board authorized new $150M share repurchase program; 111,694 shares bought in Q4 for $45M.
- 2022 guidance: expenses $385-415M, capex $58-62M; effective tax rate 24-26%.