MarketAxess Holdings

MarketAxess Expects 8%-9% Revenue Growth Through 2028 Amid Block Trading Surge

MarketAxess Holdings Inc.: Q4 Earnings Report Shows Modest Growth Amid Strong Trading Volume and Lower Pricing

爱克森斯控股

MarketAxess Q4 revenue up 3.5% to $209.4mln, FY23 revenue at $846mln.

MarketAxess Holdings's 15min chart signals MACD Death Cross, KDJ Death Cross.

Risk<ul> <li>Technical indicators show that the market is in a volatile state and the direction is not clear enough.</li> <li>Bearish signals are obviously dominant with 2 bearish versus 0 bullish signals.</li> <li>The technical side is weak and it is suggested to avoid it based on the overall trend.</li></ul>

Key Factors

MarketAxess reported Q4 earnings of $1.68 per share, beating the Zacks Consensus Estimate of $1.66 per share. Q4 revenue came in at $209.4 million, missing the consensus by 1.02% despite a 3.5% year-over-year increase. The company expects 8%-9% revenue growth through 2028, driven by surging block trading and expansion into new product areas. Full-year 2023 revenue reached $846.3 million, with 10% growth driven by international markets outside U.S. credit products.

MKTX News