Tradeweb: 1Q Earnings Snapshot

NEW YORK (AP) _ Tradeweb Markets Inc. (TW) on Monday reported first-quarter earnings of $43.9 million.

The New York-based company said it had earnings of 25 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 37 cents per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 35 cents per share.

The electronic marketplaces operator posted revenue of $234.6 million in the period. Its revenue net of interest expense was $234.6 million, which also topped Street forecasts. Four analysts surveyed by Zacks expected $227.2 million.

Tradeweb shares have increased 13% since the beginning of the year. The stock has risen 33% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TW at https://www.zacks.com/ap/TW