NYSE$VIRT
Virtu Financial Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Virtu Financial's financial performance for Q1 2024 was announced, demonstrating increased total revenues but decreased trading income and adjusted EBITDA compared to the same period last year.
Virtu Financial reported a mixed performance for Q1 2024. Total revenues increased by 3.6% to $642.8 million, while trading income decreased slightly by 1.1% to $408.1 million. Net income increased to $111.3 million, with earnings per share at $0.59. The company also authorized an additional $500 million for share repurchases.
- Total revenues increased by 3.6% year-over-year to $642.8 million.
- Net income rose to $111.3 million, with EPS at $0.59.
- Trading income decreased slightly by 1.1% to $408.1 million.
- An additional $500 million share repurchase program was authorized.
Headline financials
Revenue & EPS history
Virtu Financial · Revenue · Quarterly
$643M
Revenue by segment
Virtu Financial · $630M total across 3 segments · Q3 2023
- Market Making$517M—82.1%
- Execution Services$112M—17.9%
- Corporate$360—0.0%
Forward guidance
No specific forward guidance was provided in the document.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+0.0%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+3.6%
Avg return
30 days after
52%
23 / 44 earnings
Positive
+39.4%
Q4 2017
Best reaction
-19.4%
Q2 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.9% | +1.3% | +2.2% | |
| Q4 2025 | +8.5% | +2.2% | +10.5% | |
| Q3 2025 | -0.5% | +1.1% | +3.4% | |
| Q1 2025 | +1.3% | +1.6% | +5.6% | |
| Q4 2024 | +1.7% | +2.4% | -6.1% | |
| Q3 2024 | -4.3% | -4.1% | +13.4% | |
| Q2 2024 | +25.4% | +21.0% | +25.9% | |
| Q1 2024 | +5.7% | +2.0% | +8.6% | |
| Q4 2023 | -10.3% | -10.5% | -11.0% | |
| Q3 2023 | -1.4% | -4.8% | -0.2% | |
| Q2 2023 | +0.6% | +0.3% | +1.9% | |
| Q1 2023 | -1.6% | -1.0% | -8.8% | |
| Q4 2022 | -3.0% | -5.8% | -6.6% | |
| Q3 2022 | +0.9% | +2.9% | -1.2% | |
| Q2 2022 | +2.1% | +1.7% | +2.3% | |
| Q1 2022 | -14.6% | -15.0% | -21.6% | |
| Q4 2021 | +8.6% | +11.2% | +5.0% | |
| Q3 2021 | +7.2% | +6.0% | +6.3% | |
| Q2 2021 | +0.1% | +2.3% | -5.2% | |
| Q1 2021 | -6.1% | -5.1% | +7.0% | |
| Q4 2020 | -6.2% | +0.2% | +1.9% | |
| Q3 2020 | +5.3% | +8.0% | +6.6% | |
| Q2 2020 | -11.0% | -4.1% | +11.0% | |
| Q1 2020 | -5.3% | -4.9% | -13.1% | |
| Q4 2019 | +5.5% | +0.8% | +31.0% | |
| Q3 2019 | -3.5% | -4.1% | -0.7% | |
| Q2 2019 | -17.3% | -17.9% | -11.4% | |
| Q1 2019 | +0.4% | +1.5% | -4.1% | |
| Q4 2018 | +4.5% | +2.5% | -2.9% | |
| Q3 2018 | +1.5% | -0.7% | +3.7% | |
| Q2 2018 | -19.4% | -21.4% | -12.9% | |
| Q1 2018 | -5.0% | -12.5% | -14.2% | |
| Q4 2017 | +39.4% | +41.6% | +65.6% | |
| Q3 2017 | +19.5% | +23.6% | +25.8% | |
| Q2 2017 | +0.9% | +4.3% | +5.9% | |
| Q1 2017 | -2.6% | -0.3% | +8.4% | |
| Q4 2016 | +4.5% | +4.8% | -1.1% | |
| Q3 2016 | +6.4% | +11.6% | +11.6% | |
| Q2 2016 | -4.6% | +2.6% | -2.8% | |
| Q1 2016 | -8.0% | — | — | |
| Q4 2015 | -10.5% | — | — | |
| Q3 2015 | -4.9% | — | — | |
| Q2 2015 | -13.0% | — | — | |
| Q1 2015 | +2.8% | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — | |
| Q4 2013 | — | — | — | |
| Q4 2012 | — | — | — |
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