MarketAxess Holdings (MKTX) Tops Q2 EPS by 6c

MarketAxess Holdings (NASDAQ: MKTX) reported Q2 EPS of $1.78, $0.06 better than the analyst estimate of $1.72. Revenue for the quarter came in at $182.2 million versus the consensus estimate of $185.24 million.

Based on the progression of operating expenses year-to-date, the Company is re-confirming its full year 2022 expense guidance range of $385.0 million to $415.0 million and capital expenditure guidance range of $58.0 million to $62.0 million. The Company expects the full year effective tax rate to be at the upper-end of the previously stated range of 24.0% to 26.0%.

For earnings history and earnings-related data on MarketAxess Holdings (MKTX) click here.

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