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Unveiling Tradeweb (TW) Q3 Outlook: Wall Street Estimates for Key Metrics
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Wall Street analysts forecast that Tradeweb Markets (TW - Free Report) will report quarterly earnings of $1.02 per share in its upcoming release, pointing to a year-over-year increase of 17.2%. It is anticipated that revenues will amount to $579.9 million, exhibiting an increase of 14% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Tradeweb metrics that are commonly tracked and forecasted by Wall Street analysts.
Based on the collective assessment of analysts, 'Revenue by Asset Class- Market Data' should arrive at $37.23 million. The estimate indicates a year-over-year change of +20.8%.
Analysts' assessment points toward 'Revenue by Asset Class- Rates- Variable' reaching $245.54 million. The estimate suggests a change of +20.7% year over year.
The consensus estimate for 'Revenue by Asset Class- Rates- Fixed' stands at $75.04 million. The estimate indicates a year-over-year change of +5.6%.
It is projected by analysts that the 'Revenue by Asset Class- Credit- Variable' will reach $116.70 million. The estimate indicates a year-over-year change of +12.3%.
According to the collective judgment of analysts, 'Average Daily Volumes - Rates' should come in at $1912.31 billion. The estimate compares to the year-ago value of $1455.56 billion.
The combined assessment of analysts suggests that 'Average Daily Volumes - Credit' will likely reach $58.96 billion. Compared to the current estimate, the company reported $42.02 billion in the same quarter of the previous year.
Analysts forecast 'Average variable fees per million dollars of volume - Equities' to reach $18.45 . Compared to the current estimate, the company reported $16.31 in the same quarter of the previous year.
The consensus among analysts is that 'Average variable fees per million dollars of volume - Credit' will reach $31.10 . Compared to the present estimate, the company reported $38.19 in the same quarter last year.
Analysts expect 'Average Daily Volumes - Total' to come in at $3129.00 billion. The estimate is in contrast to the year-ago figure of $2575.25 billion.
Analysts predict that the 'Average Daily Volumes - Money Markets' will reach $1127.87 billion. Compared to the current estimate, the company reported $1051.61 billion in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Average Daily Volumes - Equities' of $29.85 billion. The estimate compares to the year-ago value of $26.06 billion.
The average prediction of analysts places 'Average Daily Volumes - Credit - Derivatives - Swaps' at $33.25 billion. The estimate compares to the year-ago value of $25.86 billion.
Tradeweb shares have witnessed a change of +18.9% in the past month, in contrast to the Zacks S&P 500 composite's -0.2% move. With a Zacks Rank #2 (Buy), TW is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
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Unveiling Tradeweb (TW) Q3 Outlook: Wall Street Estimates for Key Metrics
Wall Street analysts forecast that Tradeweb Markets (TW - Free Report) will report quarterly earnings of $1.02 per share in its upcoming release, pointing to a year-over-year increase of 17.2%. It is anticipated that revenues will amount to $579.9 million, exhibiting an increase of 14% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has been adjusted upward by 0.9% to its current level. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
In light of this perspective, let's dive into the average estimates of certain Tradeweb metrics that are commonly tracked and forecasted by Wall Street analysts.
Based on the collective assessment of analysts, 'Revenue by Asset Class- Market Data' should arrive at $37.23 million. The estimate indicates a year-over-year change of +20.8%.
Analysts' assessment points toward 'Revenue by Asset Class- Rates- Variable' reaching $245.54 million. The estimate suggests a change of +20.7% year over year.
The consensus estimate for 'Revenue by Asset Class- Rates- Fixed' stands at $75.04 million. The estimate indicates a year-over-year change of +5.6%.
It is projected by analysts that the 'Revenue by Asset Class- Credit- Variable' will reach $116.70 million. The estimate indicates a year-over-year change of +12.3%.
According to the collective judgment of analysts, 'Average Daily Volumes - Rates' should come in at $1912.31 billion. The estimate compares to the year-ago value of $1455.56 billion.
The combined assessment of analysts suggests that 'Average Daily Volumes - Credit' will likely reach $58.96 billion. Compared to the current estimate, the company reported $42.02 billion in the same quarter of the previous year.
Analysts forecast 'Average variable fees per million dollars of volume - Equities' to reach $18.45 . Compared to the current estimate, the company reported $16.31 in the same quarter of the previous year.
The consensus among analysts is that 'Average variable fees per million dollars of volume - Credit' will reach $31.10 . Compared to the present estimate, the company reported $38.19 in the same quarter last year.
Analysts expect 'Average Daily Volumes - Total' to come in at $3129.00 billion. The estimate is in contrast to the year-ago figure of $2575.25 billion.
Analysts predict that the 'Average Daily Volumes - Money Markets' will reach $1127.87 billion. Compared to the current estimate, the company reported $1051.61 billion in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Average Daily Volumes - Equities' of $29.85 billion. The estimate compares to the year-ago value of $26.06 billion.
The average prediction of analysts places 'Average Daily Volumes - Credit - Derivatives - Swaps' at $33.25 billion. The estimate compares to the year-ago value of $25.86 billion.
View all Key Company Metrics for Tradeweb here>>>Tradeweb shares have witnessed a change of +18.9% in the past month, in contrast to the Zacks S&P 500 composite's -0.2% move. With a Zacks Rank #2 (Buy), TW is expected outperform the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .