earnings
confidence high
sentiment positive
materiality 0.65
Tradeweb Q3 revenue $307M (+10% YoY); adjusted EPS $0.37 beats $0.35
Tradeweb Markets Inc.
2021-Q3 EPS reported
$0.86
revenue$799,564,000
- Revenue $307M, up 10% YoY; GAAP net income $58M ($0.24 diluted EPS) vs $71M ($0.30) prior year.
- Adjusted net income $88M ($0.37 adj. diluted EPS) vs $82M ($0.35); adjusted EBITDA $127M.
- Record average daily volume $874B (+17% YoY); quarterly record in fully electronic US high-grade credit.
- Declared quarterly dividend of $0.08/share, payable Dec 15, 2021 to holders of record Dec 1.
- GAAP results include a $5.2M non-cash tax benefit.