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

• Nasdaq Inc NDAQ.OQ reported quarterly adjusted earnings of 79 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 63 cents. The mean expectation of seventeen analysts for the quarter was for earnings of 77 cents per share. Wall Street expected results to range from 74 cents to 81 cents per share.

• Revenue rose 10.7% to $1.24 billion from a year ago; analysts expected $1.23 billion.

• Nasdaq Inc's reported EPS for the quarter was 68 cents​.

• The company reported quarterly net income of $395 million.

• Nasdaq Inc shares had fallen by 3.1% this quarter and lost 4.9% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.6% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

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 $83.50

This summary was machine generated from LSEG data April 24 at 01:33 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)