Virtu Financial(US:VIRT) ZACKSยท2025-10-27 17:11Core Insights - Virtu Financial, Inc. (VIRT) is scheduled to report its third-quarter 2025 results on October 29, with earnings per share (EPS) estimated at $1.00 and revenues projected at $420.1 million, reflecting a year-over-year earnings increase of 22% and revenue growth of 8.3% [1][2] Financial Performance Estimates - For the full year 2025, the Zacks Consensus Estimate for Virtu Financial's revenues is $1.9 billion, indicating a year-over-year rise of 19.4%. The consensus for EPS is $4.80, suggesting a 35.2% increase year-over-year [2] - The company has consistently beaten consensus earnings estimates in the past four quarters, with an average surprise of 14.9% [2] Earnings Prediction Model - The current model does not predict an earnings beat for Virtu Financial this quarter, as it has an Earnings ESP of -7.36% and a Zacks Rank of 4 (Sell) [3] Revenue Drivers - The expected growth in Virtu Financial's top line is attributed to improved net trading income, higher commissions, and technology services revenues, along with increased interest and dividends income. The consensus estimate for overall net trading income is $489.1 million, reflecting a 10.1% year-over-year increase [4] - The consensus estimate for commissions and technology services is $150 million, indicating a 14% year-over-year increase [5] - Interest and dividends income is estimated at $132.2 million, which implies a 5.5% rise from the previous year [8] Segment Performance - The Market Making segment's net trading income is estimated at $485 million, indicating a 10.1% year-over-year rise, while the Execution Services segment's net trading income is projected at $4.1 million, reflecting a 15.4% growth [9] Cost Pressures - Virtu Financial's margins are expected to be impacted by rising operating costs, which are anticipated to increase by 10.2% year-over-year to $617 million. This includes higher brokerage, exchange, clearance fees, and employee compensation costs [10]