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Virtu Financial, Inc. (NASDAQ:VIRT ) Q3 2024 Results Conference Call October 24, 2024 8:30 AM ET Company Participants Andrew Smith - Investor and Media Relations Douglas Cifu - Chief Executive Officer Joseph Molluso - Co President & Co Chief Operating Officer Cindy Lee - Chief Financial Officer Conference Call Participants Kenneth Worthington - JPMorgan Securities Craig Siegenthaler - Bank of America Chris Allen - Citi Patrick Moley - Piper Sandler Dan Fannon - Jefferies Operator Good day, and thank you for standing by. Welcome to the Virtu Financial 2024 Third Quarter Results Conference Call.
Virtu Financial (VIRT) came out with quarterly earnings of $0.82 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.45 per share a year ago.
VIRT's third-quarter results are likely to reflect the benefits of improved interest and dividends income, along with higher commissions and technology services revenues.
Investors interested in Financial - Miscellaneous Services stocks are likely familiar with Virtu Financial (VIRT) and Blackstone Inc. (BX). But which of these two stocks is more attractive to value investors?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Does Virtu Financial (VIRT) have what it takes to be a top stock pick for momentum investors? Let's find out.
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Virtu Financial (VIRT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
The Zacks Style Scores offers investors a way to easily find top-rated stocks based on their investing style. Here's why you should take advantage.
Increasing market volatility and a solid Execution Services segment bode well for VIRT's growth in the future.