Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
Virtu Financial reported strong fourth-quarter results for 2024, with adjusted earnings per share (EPS) of $1.14, surpassing analysts' expectations of $0.89. The company's sales reached $457.7 million, exceeding the forecast of $391.6 million. Additionally, overall revenue surged by 55.7% to $834.3 million, while trading income saw a remarkable increase of 104%, amounting to $544 million. These results reflect favorable trading conditions in November and December, characterized by wider spreads and high trading volumes.
Virtu Financial announces robust Q4 results: revenue jumps 55.7% to $834.3 million, EPS exceeds expectations at $1.14, and trading income spikes 104% to $544 million. #finance #earnings #trading $VIRT
And that's +120% in the 9 months since, starting at a PE of sub 8. Value investing can be fun and rewarding! $VIRT https://t.co/B0RCyd3NlV
$VIRT Q4 earnings not surprisingly smash estimates $1.14 vs est $0.89 per share - the conditions in November & December were almost perfect. Wider spreads, high volume as noted in @East72Dynasty Q4 report 3 weeks ago. https://t.co/w7gMr3Soe1