Get ready to discover the eagerly anticipated third quarter financial results of Virtu Financial (NASDAQ: VIRT) on Thursday 24th October 2024. This significant announcement is scheduled to take place before market open, giving investors and analysts a chance to gain valuable insights into the company's financial performance.
Based on the predictions of financial experts on Wall Street, the business is expected to reveal an anticipated $0.78 profit per share for the quarter. Additionally, the firm is poised to disclose a total revenue of $376.04 million for the quarter.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $1.5 billion. Additionally, they are expecting the company to achieve a per share profit of $3.15 for the fiscal year 2024.
The earnings report for the corresponding quarter of the prior year unveiled a per-share income of $0.45. This was a direct result of the company's total revenue, which amounted to an impressive $298.01 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.83 | +124.3% | 385.08 M | +38.2% |
| Q1 2024 | $0.76 | +2.7% | 366.87 M | -1.7% |
| Q4 2023 | $0.27 | -27.0% | 260.91 M | -4.8% |
| Q3 2023 | $0.45 | -26.2% | 298.01 M | -10.0% |
| Q2 2023 | $0.37 | -49.3% | 278.69 M | -22.0% |
| *Growth on year-over-year basis | ||||
VIRT will host a conference call with investment community on 24th October 2024 at 08:30 AM eastern time to discuss the financial results.
Virtu Financial (VIRT) closed Tuesday's regular trading session at $32.78, reflecting a 0.12 percent increase. The stock fluctuated between $32.62 and $33.05 during the day, with a volume of 786.60 thousand shares.
