NYSE$VIRT
Virtu Financial Inc · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Virtu Financial reported an increase in total revenues and trading income for the third quarter of 2024.
Virtu Financial, Inc. reported its Q3 2024 results, with total revenues increasing by 12.2% to $706.8 million, and trading income, net, increasing by 40.5% to $444.0 million compared to the same period in 2023. Net income was $119.0 million, and Normalized Adjusted EPS was $0.82.
- Net income was $119.0 million; Normalized Adjusted Net Income was $132.1 million.
- Basic and diluted earnings per share were $0.65 and $0.64, respectively; Normalized Adjusted EPS was $0.82.
- Total revenues reached $706.8 million; Trading income, net, was $444.0 million; Net income Margin was 16.8%.
- Adjusted EBITDA was $214.8 million; Adjusted EBITDA Margin was 55.4%.
Headline financials
Revenue & EPS history
Virtu Financial · Revenue · Quarterly
$707M
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 earnings report.
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 Q3 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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