01:51 PM EST, 02/04/2025 (MT Newswires) -- TMX Group ( TMXXF ) reported adjusted fourth-quarter EPS of $0.48, up 31% and ahead of the Street $0.44

"This is another solid quarter for TMX. Revenues beat in the right places (e.g., Trayport, VettaFi, Issuer Services), which helped to deliver a solid 9% EPS beat," writes National Bank analyst Jaeme Gloyn.

Looking ahead, TMX announced pricing increases at Trayport, Datalinx, and Listing fees that will drive 1% revenue upside in 2025. National Bank believes these results are sufficient to uphold TMX's premium valuation.

Maintain $50 target, Sector Perform rating.

Price: 49.30, Change: +4.03, Percent Change: +8.90