MarketAxess Holdings Inc
MKTX: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|Sy | LOCK|R>p | LOCK|nj#?Rxq$ |
MarketAxess Earnings: Lower Average Pricing Offsets Higher Trading Volume
MarketAxess reported disappointing third-quarter results as ongoing pressure on its US corporate bond business was a headwind. Revenue increased 1% year over year to $210 million, while adjusted diluted earnings per share stayed nearly unchanged at $1.86.
