MarketAxess Holdings (MKTX) Tops Q4 EPS by 4c

MarketAxess Holdings (NASDAQ: MKTX) reported Q4 EPS of $0.88, $0.04 better than the analyst estimate of $0.84. Revenue for the quarter came in at $94.4 million versus the consensus estimate of $93.65 million.

Guidance for 2017

The Company expects total expenses for 2017 to be in the range of $192.0 million to $208.0 million and its capital expenditures for 2017 to be in the range of $25.0 million to $30.0 million. The Company also anticipates that the overall effective tax rate for 2017 will be between 32% and 34%.

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

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