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TMX Group Ltd (TSE:X)
TSX:X
Earnings Data
Report Date
May 05, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.45Last Year’s EPS
0.38Same Quarter Last Year
Based on 8 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 03, 2025
|% Change Since: 11.27%
|Next Earnings Date:May 05, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted significant revenue growth across multiple segments, driven by strategic acquisitions and organic growth, despite increased operating expenses. The company demonstrated strong performances in Global Solutions and Derivatives Trading, with record ETF inflows and a dividend increase reflecting confidence in future growth. However, challenges in Capital Formation and higher costs were notable concerns.Company Guidance
During the TMX Group Limited Q4 2024 Financial Results Conference Call, the company reported significant financial growth and strategic advancements. In 2024, TMX achieved four consecutive quarters of year-over-year growth, with overall revenue increasing by 22% compared to 2023. Notable revenue drivers included a 44% increase in the Global Solutions, Insights, and Analytics (GSIA) segment, with TMX Trayport showing a 22% growth and TMX VettaFi increasing by 18% in U.S. dollars. Organic revenue rose by 10%, while adjusted diluted earnings per share increased by 16%. The derivatives trading and clearing revenue surged 17%, supported by a 29% increase in CDCC revenue and a 13% rise in MX volumes. TMX's total operating expenses rose due to recent acquisitions, yet the company maintained a robust financial standing, achieving a 30% growth in Q4 revenue and a 17% organic revenue growth. The board approved a 5% increase in the quarterly dividend, underscoring TMX's positive outlook and commitment to shareholder returns.Record Revenue Growth
TMX Group reported a 30% increase in Q4 2024 revenue compared to Q4 2023, with notable 17% organic revenue growth excluding recent acquisitions.
Global Solutions, Insights and Analytics (GSIA) Performance
GSIA segment revenue grew 48% in Q4 2024, driven by a 26% increase from TMX Trayport and a 21% increase from TMX VettaFi.
Strong Derivatives Trading and Clearing Growth
Revenue from Derivatives Trading and Clearing, excluding BOX, grew 31% in Q4 2024, supported by higher volumes and price changes.
Record ETF Inflows
TSX experienced record ETF net inflows of $75.5 billion in 2024, surpassing the previous record by 30%.
Dividend Increase
Board approved a 5% increase in the quarterly dividend to $0.20 per common share.
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TSE:X 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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TSE:X Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 03, 2025 | C$45.09 | C$48.84 | +8.33% |
| Oct 30, 2024 | C$43.54 | C$43.13 | -0.93% |
| Jul 31, 2024 | C$41.42 | C$40.85 | -1.38% |
| May 02, 2024 | C$35.86 | C$36.54 | +1.92% |
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 TMX Group Ltd (TSE:X) report earnings?
TMX Group Ltd (TSE:X) is schdueled to report earning on May 05, 2025, TBA Not Confirmed.
What is TMX Group Ltd (TSE:X) earnings time?
TMX Group Ltd (TSE:X) earnings time is at May 05, 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 TSE:X EPS forecast?
TSE:X EPS forecast for the fiscal quarter 2025 (Q1) is 0.45.
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