Nasdaq Q1 Adj. EPS Misses Estimates, But Revenues Top

RTTNews | 9 days ago
Stocktwits
Nasdaq Q1 Adj. EPS Misses Estimates, But Revenues Top

(RTTNews) - Nasdaq Inc. (NDAQ) reported Thursday that net income attributable to Nasdaq for the first quarter declined to $234 million or $0.40 per share, compared to $302 million or $0.61 per share in the prior-year quarter.

Excluding items, adjusted net income for the quarter was $367 million or $0.63 per share, compared to $339 million or $0.69 per share in the year-ago quarter.

On average, 14 analysts polled by Thomson Reuters expected the company to report earnings of $0.65 per share for the quarter. Analysts' estimates typically exclude special items.

Net revenues, less transaction-based expenses, for the quarter increased 22 percent to $1.12 billion from last year's $914 million. It grew 6 percent organically. Analysts expected revenues of $1.11 billion for the quarter.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: NDAQ
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Nasdaq Q3 Results Top Estimates; Declares Dividend

Nasdaq Q3 Results Top Estimates; Declares Dividend

Nasdaq Inc. (NDAQ) reported Wednesday that its net income for the third quarter grew to $294 million or $0.60 per share, compared to $294 million or $0.59 per share in the prior-year quarter.
RTTNews | 199 days ago
TSX Ends On Firm Note

TSX Ends On Firm Note

The Canadian market ended on a firm note on Friday on easing concerns about the outlook for Fed interest rates after data showed a slowdown in U.S. employment growth.
RTTNews | 1 day ago
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market ended on a firm note on Friday, after staying positive right through the day's session thanks to some encouraging earnings updates, and easing worries about the outlook for interest rates.
RTTNews | 1 day ago
Canadian Market Firmly Up In Positive Territory

Canadian Market Firmly Up In Positive Territory

The Canadian market is modestly higher in late morning trades on Friday, lifted by gains in healthcare, real estate, communications and utilities sectors. Strong results from iPhone maker Apple Inc., and slightly easing concerns about the outlook for interest rates after the latest batch of economic data from the U.S. help underpin sentiment.
RTTNews | 1 day ago
U.S. Service Sector Activity Contracts For First Time Since December 2022

U.S. Service Sector Activity Contracts For First Time Since December 2022

After growing for fifteen consecutive months, U.S. service sector activity unexpectedly contracted in the month of April, according to a report released by the Institute for Supply Management on Friday. The ISM said its services PMI dipped to 49.4 in April from 51.4 in March, with a reading below 50 indicating contraction. Economists had expected the index to inch up to 52.0.
RTTNews | 1 day ago
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