MarketAxess Holdings Inc. (MKTX) released earnings for third quarter that Dropped, from the same period last year but beat the Street estimates.
The company's bottom line came in at $68 million, or $1.84 per share. This compares with $71 million, or $1.90 per share, last year.
Analysts on average had expected the company to earn $1.68 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 1.0% to $209 million from $207 million last year.
MarketAxess Holdings Inc. earnings at a glance (GAAP) :
-Earnings: $68 Mln. vs. $71 Mln. last year.-EPS: $1.84 vs. $1.90 last year.-Revenue: $209 Mln vs. $207 Mln last year.
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