Marex Group PLC (MRX), a financial services provider, on Wednesday reported a rise in preliminary earnings and revenue for the third quarter.
For the three-month period to September 30, the company expects a net income of $70 million to $73 million, or $0.88 per share to $0.93 per share.
For the third quarter of 2024, the company had recorded a net profit of $58 million, or $0.73 per share.
Excluding items, income is anticipated to be $69 million to $73 million, or $0.92 to $0.97 per share.
For the third quarter of 2024, the Group had posted an adjusted profit of $58 million, or $0.76 per share.
Marex Group projects revenue of $475 million to $485 million, up from last year's $391 million.
On average, analysts polled forecast the company to earn $0.91 per share on revenue of $475.36 million for the quarter. Analysts' estimates typically exclude special items.
MRX was up by 2.34% at $28.90 in the pre-market trade on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.