For the quarter ended March 2026, MarketAxess (MKTX Quick QuoteMKTX - Free Report) reported revenue of $233.38 million, up 11.9% over the same period last year. EPS came in at $2.25, compared to $1.87 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $231.24 million, representing a surprise of +0.93%. The company delivered an EPS surprise of +4.7%, with the consensus EPS estimate being $2.15.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how MarketAxess performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Average Variable Transaction Fee Per Million - Credit: $132.00 versus $132.86 estimated by five analysts on average.
• Average Daily Volume - Total: $49.8 billion versus $49.37 billion estimated by five analysts on average.
• Average Daily Volume - Total credit trading: $18.63 billion versus the five-analyst average estimate of $18.04 billion.
• Average Daily Volume - Total rates trading: $31.17 billion versus $31.32 billion estimated by five analysts on average.
• Revenues- Information services: $14.45 million versus $13.85 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +11.9% change.
• Revenues- Post-trade services: $11.61 million compared to the $11.56 million average estimate based on five analysts. The reported number represents a change of +4.7% year over year.
• Revenues- Technology services: $3.86 million versus $3.57 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +19% change.
• Revenues- Commissions: $203.47 million compared to the $202.07 million average estimate based on five analysts. The reported number represents a change of +12.2% year over year.
• Revenues- Commissions- Total variable transaction fees- Other: $10.7 million versus the four-analyst average estimate of $9.42 million.
• Revenues- Commissions- Total variable transaction fees: $169.97 million compared to the $168.23 million average estimate based on four analysts. The reported number represents a change of +14.9% year over year.
• Revenues- Commissions- Total variable transaction fees- Credit: $150.35 million compared to the $149.66 million average estimate based on four analysts. The reported number represents a change of +10.7% year over year.
• Revenues- Commissions- Total fixed distribution fees: $33.51 million compared to the $33.41 million average estimate based on four analysts. The reported number represents a change of +0.5% year over year.

View all Key Company Metrics for MarketAxess here>>>

Shares of MarketAxess have returned -15.8% over the past month versus the Zacks S&P 500 composite's +11.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.