Virtu Financial (VIRT) Q2 Earnings Beat on Strong Market Making

Virtu Financial, Inc. (VIRT) reported second-quarter 2024 adjusted earnings per share (EPS) of 83 cents, which outpaced the Zacks Consensus Estimate by 33.9%. The bottom line jumped from 37 cents per share a year ago. Adjusted net trading income improved more than 36% year over year to $385.1 million in the quarter under review. It beat the consensus estimate by 15.8%. The strong second-quarter results benefited on the back of strong revenue contribution from the Market Making segment and higher revenues fr ...