NYSE$VIRT

Virtu Financial Inc · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Virtu Financial reported an increase in total revenues driven by higher trading volumes in U.S. equities.

Virtu Financial's Q4 2021 results showed an increase in total revenues, driven by higher trading volumes in U.S. equities. However, net income saw a decrease compared to the same period in the prior year.

  • Total revenues increased by 4.3% to $705.6 million.
  • Trading income, net, increased by 1.6% to $513.4 million.
  • Net income totaled $186.0 million.
  • Basic and diluted earnings per share were $0.90 and $0.89, respectively.

Headline financials

Total Revenue

$706M

Previous: $677M+4.3%
EPS (adj)

$1.19

Previous: $1.18+0.8%
Capital Expenditures

$8.24M

Previous: $7.17M+14.9%
Free Cash Flow

$789M

Previous: $570M+38.4%
Net Income

$186M

Previous: $198M-5.9%
Gross Profit

$619M

Previous: $628M-1.4%
Cash & Equivalents

$1.07B

Previous: $1.01B+6.4%
Total Assets

$10.3B

Previous: $9.97B+3.6%
Stock-Based Comp

$17.5M

Previous: $22.3M-21.7%

Revenue & EPS history

Virtu Financial · Revenue · Quarterly

$706M

Q4 2021+4.3%vs Q4 2020
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

Virtu Financial · $706M total across 3 segments · Q4 2021

  • Market Making
    $588M+11.1%
  • Execution Services
    $118M-21.2%
  • Corporate
    $300K+116.1%

Forward guidance

No specific forward guidance was provided in the 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 Q4 2021

Historical avgQ4 2021

+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

Earnings price reactions
QuarterReport dateReaction (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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