Virtu Financial Inc. Q2 Profit Increases, Beats Estimates

(RTTNews) - Virtu Financial Inc. (VIRT) revealed a profit for its second quarter that Increased from the same period last year and beat the Street estimates.

The company's earnings totaled $151.19 million, or $1.65 per share. This compares with $66.59 million, or $0.71 per share, last year.

Excluding items, Virtu Financial Inc. reported adjusted earnings of $244.17 million or $1.53 per share for the period.

Analysts on average had expected the company to earn $1.37 per share. Analysts' estimates typically exclude special items.

The company's revenue for the period rose 44.2% to $999.57 million from $692.99 million last year.

Virtu Financial Inc. earnings at a glance (GAAP) :

-Earnings: $151.19 Mln. vs. $66.59 Mln. last year. -EPS: $1.65 vs. $0.71 last year. -Revenue: $999.57 Mln vs. $692.99 Mln last year.