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Tmx Group Ltd. (TMXXF)
:TMXXF
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.36Last Year’s EPS
0.31Same Quarter Last Year
Moderate Buy
Based on 7 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 05, 2025
|% Change Since: 0.75%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Positive
The earnings call highlighted TMX Group's strong financial performance and strategic advancements, including record revenue growth, robust performance in derivatives and equity markets, and successful platform launches. However, challenges such as increased expenses and market volatility were noted. The positive aspects of the call, particularly the successful execution of strategic initiatives, outweigh the challenges mentioned.Company Guidance
During the TMX Group Limited's Q1 2025 results conference call, the company reported a 21% increase in revenue compared to Q1 2024, reaching a record high, and a 26% rise in adjusted diluted earnings per share. Organic revenue growth was 19%, excluding recent acquisitions like Newsfile, iNDEX Research, and Bond Indices. The company also noted a 42% increase in derivatives trading and clearing revenue, driven by record MX volumes and strong equity and interest rate derivatives segments. Expenses rose by 16% year-over-year, influenced by recent acquisitions and strategic realignment. Trading on traditional derivatives and equity markets increased due to U.S. tariff announcements and economic uncertainties. The new U.S. equity trading venue, AlphaX US, showed promising growth, contributing to a 24% rise in equity and fixed income trading revenue. Additionally, Global Insights revenue grew by 14%, with TMX Trayport and TMX VettaFi as key contributors. The successful launch of the Post Trade Modernization platform was highlighted, expected to bring efficiency and enable new service offerings, reflecting TMX's strong commitment to strategic growth and innovation.Record-Breaking Revenue and Growth
TMX Group reported a record revenue performance for Q1 2025, with overall revenue increasing by 21% compared to Q1 2024. Organic revenue, excluding recent acquisitions, increased by 19%, and adjusted diluted earnings per share rose by 26%.
Strong Performance in Derivatives and Equity Markets
Derivative trading and clearing revenue increased by 42% year-over-year, driven by record MX volumes. Equity and fixed income trading revenue increased by 24% due to an 18% increase in combined volumes on TSX, TSX Venture, and Alpha.
Launch of AlphaX US
TMX's new U.S. equity trading venue, AlphaX US, launched in January, has shown impressive performance with average daily volume growing each month since launch.
Global Insights Division Growth
Global Insights revenue increased by 14% in Q1 2025, driven by double-digit growth from TMX VettaFi and TMX Trayport. TMX Trayport's revenue grew by 20%, and TMX VettaFi's revenue increased by 21% year-over-year.
Successful Launch of Post Trade Modernization Platform
TMX successfully launched the Post Trade Modernization platform, marking a significant upgrade in CDS' foundational technology, setting a new global benchmark for capital markets infrastructure.
TMXXF 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
TMXXF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 05, 2025 | $39.81 | $39.67 | -0.35% |
Feb 03, 2025 | $30.97 | $34.30 | +10.75% |
Oct 30, 2024 | $31.30 | $31.00 | -0.96% |
Jul 31, 2024 | $30.05 | $29.35 | -2.33% |
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.
FAQ
When does Tmx Group Ltd. (TMXXF) report earnings?
Tmx Group Ltd. (TMXXF) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Tmx Group Ltd. (TMXXF) earnings time?
Tmx Group Ltd. (TMXXF) earnings time is at Jul 30, 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 TMXXF EPS forecast?
TMXXF EPS forecast for the fiscal quarter 2025 (Q2) is 0.36.