MarketAxess: Operating Leverage Returns In Q3 2024, Reiterate Hold On Market Share Trends

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primeimages MKTX Demonstrates Operating Leverage in 3Q24; Reiterate Hold Rating as Market Share Trends Remain Soft MarketAxess ( NASDAQ: MKTX ) reported 3Q24 EPS of $1.90 (+30% Y/Y) which compares to the consensus estimate of $1.84.

Total revenue of $206.7M (+20% Y/Y) came in $0.5M below the consensus estimate Analyst’s Disclosure: I/we have a beneficial long position in the shares of MKTX either through stock ownership, options, or other derivatives.



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