Virtu Financial: Q3 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Virtu Financial Inc. (VIRT) on Wednesday reported third-quarter profit of $77.6 million.
On a per-share basis, the New York-based company said it had profit of 86 cents. Earnings, adjusted for one-time gains and costs, were $1.05 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 97 cents per share.
The high-speed trading company posted revenue of $824.8 million in the period. Its adjusted revenue was $467 million, which also topped Street forecasts. Four analysts surveyed by Zacks expected $420.1 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VIRT at https://www.zacks.com/ap/VIRT