Tradeweb Markets (TW) Tops Q4 EPS by 2c, offers guidance

Tradeweb Markets (NASDAQ: TW) reported Q4 EPS of $0.64, $0.02 better than the analyst estimate of $0.62. Revenue for the quarter came in at $370 million versus the consensus estimate of $367.23 million.

Full-Year 2024 Guidance*

Adjusted Expenses: $755 - 805 million
Acquisition and Refinitiv Transaction related depreciation and amortization expense: $142 million
Assumed non-GAAP tax rate: ~24.5 - 25.5%
Cash costs of non-acquisition capital expenditures and capitalized software development: $75 - 83 million

LSEG Market Data Contract Revenues: ~$80M (~$90M in 2025)

For earnings history and earnings-related data on Tradeweb Markets (TW) click here.

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