Nasdaq Inc reports results for the quarter ended December 31 - Earnings Summary

• Nasdaq Inc NDAQ.OQ reported quarterly adjusted earnings of 76 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 72 cents. The mean expectation of seventeen analysts for the quarter was for earnings of 75 cents per share. Wall Street expected results to range from 72 cents to 77 cents per share.

• Revenue rose 9.8% to $1.23 billion from a year ago; analysts expected $1.23 billion.

• Nasdaq Inc's reported EPS for the quarter was 61 cents​.

• The company reported quarterly net income of $355 million.

• Nasdaq Inc shares had risen by 5.0% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 1.5% in the last three months.​

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

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 5 "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 Nasdaq Inc is $88.00

This summary was machine generated from LSEG data January 29 at 01:01 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)