Earnings Alerts

LSEG Earnings: London Stock Exchange Surpasses Q3 Estimates in Capital Markets and Post Trade Revenue

By October 24, 2024 No Comments
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  • The LSE Group’s total income for Q3 is reported at GBP2.12 billion, meeting the estimate of GBP2.11 billion.
  • Gross profit is slightly above expectations, reaching GBP1.92 billion compared to the estimate of GBP1.91 billion.
  • The Data & Analytics revenue falls short at GBP992 million against an estimate of GBP1.35 billion.
  • Workflows revenue comes in at GBP472 million, slightly below the forecast of GBP479.1 million.
  • Data and Feeds revenue records GBP465 million, just under the estimate of GBP471.9 million.
  • Analytics revenue reaches GBP55 million, missing the estimate of GBP56.6 million.
  • FTSE Russell revenue is GBP227 million, falling short of the GBP235.1 million estimate.
  • Risk Intelligence revenue achieves GBP131 million, slightly below the projected GBP134.9 million.
  • Capital Markets revenue outperforms expectations at GBP468 million, surpassing the estimate of GBP451.4 million.
  • Equities revenue slightly exceeds estimates, recording GBP60 million against an estimate of GBP59 million.
  • FX revenue totals GBP67 million, outperforming the projected GBP63.7 million.
  • Fixed Income, Derivatives & Other revenue marks GBP341 million, above the estimate of GBP325.5 million.
  • Post Trade revenue is reported at GBP297 million, higher than the estimate of GBP287.9 million.
  • OTC Derivatives revenue is GBP148 million, exceeding the estimate of GBP141 million.
  • Securities & Reporting revenue aligns with expectations at GBP55 million, closely matching the estimate of GBP55.2 million.
  • Non-Cash Collateral revenue stands at GBP28 million, aligning with the estimated amount.
  • Net Treasury income surpasses projections, reaching GBP66 million compared to an estimate of GBP63.6 million.
  • Other revenue falls short, reported at GBP2 million against the estimate of GBP4.16 million.
  • The general market sentiment includes 14 buy ratings, 7 hold ratings, and 1 sell rating.

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A look at London Stock Exchange Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience5
Momentum4
OVERALL SMART SCORE3.4

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysing the Smartkarma Smart Scores for London Stock Exchange, the company showcases a promising long-term outlook. With a solid Resilience score of 5, the London Stock Exchange is well-equipped to weather market fluctuations and challenges, indicating a strong foundation for sustained growth. Additionally, the Momentum score of 4 suggests that the company is experiencing positive momentum in its operations, potentially driving further expansion in the future.

While the Dividend score of 2 may indicate room for improvement in terms of distributing profits to shareholders, the Value and Growth scores of 3 each show a moderate outlook for the company’s valuation and future expansion prospects. Overall, London Stock Exchange Group plc, as the UK’s primary stock exchange, continues to offer a robust platform for capital raising and securities trading, positioning it favorably in the dynamic financial landscape.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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