MarketAxess Rises 17% in Past Six Months: More Growth on the Horizon?
MKTX remains well-poised for growth on commission growth, driven by increased trading volumes and strategic partnerships like its expanded collaboration with BlackRock.
MarketAxess Expands Partnership With BlackRock, Enhances Offerings
MKTX expands its partnership with BlackRock to improve the trading experience for clients.
MarketAxess: August Volume Report Shows Strong YOY Growth, But Market Share Continues To Decline
Reiterating HOLD rating on MKTX due to recent market share decline in U.S. High Grade and High Yield credit, despite strong ADNV growth. August 2024 metrics show significant Y/Y growth in ADNV across all credit and rates categories, but market share continues to decline albeit at a slower pace. Forecasting 3Q24 commissions revenue up 12% Y/Y and EPS of $1.68 (+15% Y/Y), driven by higher Fee Per Million in credit.
MarketAxess (MKTX) Surges 6.7%: Is This an Indication of Further Gains?
MarketAxess (MKTX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
MarketAxess (MKTX) Up 5.5% Since Last Earnings Report: Can It Continue?
MarketAxess (MKTX) reported earnings 30 days ago. What's next for the stock?
Here's Why Investors Should Hold MarketAxess (MKTX) Stock
MarketAxess (MKTX) remains well-poised for growth on the back of expanding commissions, product launches and sound cash reserves.
MarketAxess: Electronic Credit Platform With Industry Tailwinds, Valuation Seems Fair
MarketAxess is a global electronic credit trading platform offering trading efficiency, diverse liquidity, and cost savings to institutional investors and broker-dealers. MKTX's revenue growth has slowed due to a decline in commissions revenue growth, but non-commission revenue has remained strong. MKTX's expenses have grown despite revenue headwinds, leading to margin compression and a decrease in operating margin.
MarketAxess (MKTX) Q2 Earnings Beat on Higher Commissions
MarketAxess' (MKTX) second-quarter earnings benefit from improved commissions. However, rising expenses and lesser trading activity of U.S. high-yield partially offset the positives.
Compared to Estimates, MarketAxess (MKTX) Q2 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for MarketAxess (MKTX) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
MarketAxess (MKTX) Q2 Earnings Surpass Estimates
MarketAxess (MKTX) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.63 per share a year ago.
Seeking Clues to MarketAxess (MKTX) Q2 Earnings? A Peek Into Wall Street Projections for Key Metrics
Evaluate the expected performance of MarketAxess (MKTX) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Will Strong Commissions Aid MarketAxess' (MKTX) Q2 Earnings?
MarketAxess' (MKTX) second-quarter earnings are expected to benefit from improved commissions and information services revenues. However, rising expenses might have offset the positives.
