Virtu Financial Q3 Earnings Beat on Strong Execution Services

Virtu Financial, Inc. (VIRT) reported third-quarter 2024 adjusted earnings per share (EPS) of 82 cents, which outpaced the Zacks Consensus Estimate by 5.1%. The bottom line jumped 82.2% year over year.Adjusted net trading income improved more than 30% year over year to $388 million in the quarter under review. It beat the consensus estimate by 4%.The strong third-quarter results were aided by a strong revenue contribution from the Market Making segment and higher revenues from commissions. Organic growth du ...