Analysts Estimate MarketAxess (MKTX) to Report a Decline in Earnings: What to Look Out for

Core Viewpoint - MarketAxess (MKTX) is expected to report a year-over-year decline in earnings despite higher revenues, with the actual results being crucial for near-term stock price movements [1][2]. Earnings Expectations - The upcoming earnings report is anticipated on February 6, 2025, with a consensus EPS estimate of $1.70, reflecting a -7.6$203.35 million, indicating a 3.1% increase from the previous year [3][2]. Estimate Revisions - The consensus EPS estimate has been revised down by 3.63% over the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. Earnings Surprise Prediction - The Most Accurate Estimate for MarketAxess is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -0.75%. The stock currently holds a Zacks Rank of 3, complicating predictions of an earnings beat [10][11]. Historical Performance - MarketAxess has a history of beating consensus EPS estimates, having done so in the last four quarters. In the most recent quarter, it reported earnings of $1.90 per share against an expectation of$1.82, achieving a surprise of +4.40% [12][13]. Conclusion - While MarketAxess does not appear to be a strong candidate for an earnings beat, investors should consider other factors influencing stock performance ahead of the earnings release [16].