Miami International Holdings, Inc. reports results for the quarter ended September 30 - Earnings Summary

• Miami International Holdings, Inc. MIAX.N reported quarterly adjusted earnings of 45 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 42 cents. The mean expectation of seven analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 35 cents to 44 cents per share.

• Revenue rose 10.7% to $376.18 million from a year ago; analysts expected $130.22 million.

• Miami International Holdings, Inc.'s reported EPS for the quarter was 47 cents​.

• The company reported quarterly net income of $52.47 million.

• Miami International Holdings, Inc. shares had fallen by 4.5% this quarter and lost 27.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 4.5% in the last three months.​

• In the last 30 days, seven analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the financial & commodity market operators & service providers peer group is also "buy"

• Wall Street's median 12-month price target for Miami International Holdings, Inc. is $43.00, about 26.9% above its last closing price of $31.44

This summary was machine generated from LSEG data October 29 at 11:17 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)