Virtu Financial (VIRT) Q2 Earnings Beat on Strong Market Making
Virtu Financial(VIRT) ZACKS·2024-07-19 01:51
Virtu Financial, Inc. (VIRT) reported second-quarter 2024 adjusted earnings per share (EPS) of 83 cents, which outpaced the Zacks Consensus Estimate by 33.9%. The bottom line jumped from 37 cents per share a year ago.Adjusted net trading income improved more than 36% year over year to $385.1 million in the quarter under review. It beat the consensus estimate by 15.8%.The strong second-quarter results benefited on the back of strong revenue contribution from the Market Making segment and higher revenues from ...