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Marex Group plc (MRX)
NASDAQ:MRX
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Earnings Data
Report Date
May 15, 2025TBA Not Confirmed
Period Ending
2025 (Q4)Consensus EPS Forecast
―Last Year’s EPS
$0.69Same Quarter Last Year
Strong Buy
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Nov 07, 2024
|% Change Since: 3.13%
|Next Earnings Date:May 15, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant achievements, including strong revenue growth and successful equity and debt offerings. The company has upgraded its full-year guidance and demonstrated resilience across its business segments. However, there are concerns about interest rate impacts and seasonal slowdowns. Overall, the sentiment reflects confidence in the company's growth strategy and market position.Company Guidance
During the Marex Group's Q3 2024 earnings call, several key metrics were highlighted, showcasing the company's robust performance and future guidance. The equity and debt offerings were significantly oversubscribed, at 7x and 4x respectively. Total revenue increased by 32% while the adjusted operating profit surged by 52%, with the reported ROE reaching 25%. Furthermore, the company upgraded its full-year 2024 guidance, anticipating an adjusted operating profit between $300 million and $305 million, up from the previous $280 million to $290 million range. The firm also reported strong client growth, with around 5,200 active clients by the end of Q3, and announced a dividend of $0.14 per share for the quarter. The company continues to grow faster than the market, with Marex's volumes often outpacing market growth across various service segments.Successful Equity and Debt Offering
Equity offering oversubscribed 7x and debt offering 4x, underscoring strong institutional interest.
Significant Revenue Growth
Total revenue grew 32%, with double-digit growth across all business segments.
Upgraded Full-Year Guidance
Full-year adjusted operating profit guidance increased to between $300 million and $305 million.
Strong Market Position
Marex's growth outpaced overall market volumes in almost all markets.
Diversification and Expansion
Announced acquisitions expected to contribute approximately 10% of total profit after tax in 2025.
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MRX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MRX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Nov 07, 2024 | $27.92 | $28.30 | +1.36% |
| Aug 14, 2024 | $20.66 | $23.85 | +15.44% |
| May 16, 2024 | $19.15 | $18.80 | -1.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Marex Group plc (MRX) report earnings?
Marex Group plc (MRX) is schdueled to report earning on May 15, 2025, TBA Not Confirmed.
What is Marex Group plc (MRX) earnings time?
Marex Group plc (MRX) earnings time is at May 15, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MRX EPS forecast?
Currently, no data Available
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