We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Stay Ahead of the Game With Nasdaq (NDAQ) Q3 Earnings: Wall Street's Insights on Key Metrics
Read MoreHide Full Article
The upcoming report from Nasdaq (NDAQ - Free Report) is expected to reveal quarterly earnings of $0.69 per share, indicating a decline of 2.8% compared to the year-ago period. Analysts forecast revenues of $1.16 billion, representing an increase of 23.7% year over year.
The consensus EPS estimate for the quarter has been revised 0.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific Nasdaq metrics that are commonly monitored and projected by Wall Street analysts.
The consensus among analysts is that 'Net Revenues- Capital Access Platforms' will reach $494.90 million. The estimate indicates a year-over-year change of +8.5%.
Based on the collective assessment of analysts, 'Net Revenues- Capital Access Platforms- Workflow and Insights revenues' should arrive at $128.06 million. The estimate suggests a change of +3.3% year over year.
Analysts predict that the 'Net Revenues- Capital Access Platforms- Index revenues' will reach $179.71 million. The estimate points to a change of +24.8% from the year-ago quarter.
According to the collective judgment of analysts, 'Net Revenues- Capital Access Platforms- Data and Listing Services revenues' should come in at $187.12 million. The estimate indicates a change of -0.5% from the prior-year quarter.
The average prediction of analysts places 'Net Revenues- Other Revenues' at $8.00 million. The estimate indicates a year-over-year change of -20%.
Analysts forecast 'Total matched market share executed on Nasdaq exchanges - Cash Equity Trading' to reach 15.9%. Compared to the current estimate, the company reported 16.2% in the same quarter of the previous year.
Analysts' assessment points toward 'Total matched market share executed on Nasdaq exchanges - Equity Derivative Trading and Clearing' reaching 29.7%. Compared to the current estimate, the company reported 31.7% in the same quarter of the previous year.
The consensus estimate for 'Total industry average daily volume - Equity Derivative Trading and Clearing' stands at 43.69 million. Compared to the present estimate, the company reported 39.6 million in the same quarter last year.
Analysts expect 'Total industry average daily share volume - Cash Equity Trading' to come in at 11.31 billion. The estimate compares to the year-ago value of 10.4 billion.
The collective assessment of analysts points to an estimated 'Operating Income- Capital Access Platforms' of $268.50 million. The estimate is in contrast to the year-ago figure of $254 million.
Nasdaq shares have witnessed a change of +0.8% in the past month, in contrast to the Zacks S&P 500 composite's +4.5% move. With a Zacks Rank #3 (Hold), NDAQ is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Stay Ahead of the Game With Nasdaq (NDAQ) Q3 Earnings: Wall Street's Insights on Key Metrics
The upcoming report from Nasdaq (NDAQ - Free Report) is expected to reveal quarterly earnings of $0.69 per share, indicating a decline of 2.8% compared to the year-ago period. Analysts forecast revenues of $1.16 billion, representing an increase of 23.7% year over year.
The consensus EPS estimate for the quarter has been revised 0.6% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective.
Bearing this in mind, let's now explore the average estimates of specific Nasdaq metrics that are commonly monitored and projected by Wall Street analysts.
The consensus among analysts is that 'Net Revenues- Capital Access Platforms' will reach $494.90 million. The estimate indicates a year-over-year change of +8.5%.
Based on the collective assessment of analysts, 'Net Revenues- Capital Access Platforms- Workflow and Insights revenues' should arrive at $128.06 million. The estimate suggests a change of +3.3% year over year.
Analysts predict that the 'Net Revenues- Capital Access Platforms- Index revenues' will reach $179.71 million. The estimate points to a change of +24.8% from the year-ago quarter.
According to the collective judgment of analysts, 'Net Revenues- Capital Access Platforms- Data and Listing Services revenues' should come in at $187.12 million. The estimate indicates a change of -0.5% from the prior-year quarter.
The average prediction of analysts places 'Net Revenues- Other Revenues' at $8.00 million. The estimate indicates a year-over-year change of -20%.
Analysts forecast 'Total matched market share executed on Nasdaq exchanges - Cash Equity Trading' to reach 15.9%. Compared to the current estimate, the company reported 16.2% in the same quarter of the previous year.
Analysts' assessment points toward 'Total matched market share executed on Nasdaq exchanges - Equity Derivative Trading and Clearing' reaching 29.7%. Compared to the current estimate, the company reported 31.7% in the same quarter of the previous year.
The consensus estimate for 'Total industry average daily volume - Equity Derivative Trading and Clearing' stands at 43.69 million. Compared to the present estimate, the company reported 39.6 million in the same quarter last year.
Analysts expect 'Total industry average daily share volume - Cash Equity Trading' to come in at 11.31 billion. The estimate compares to the year-ago value of 10.4 billion.
The collective assessment of analysts points to an estimated 'Operating Income- Capital Access Platforms' of $268.50 million. The estimate is in contrast to the year-ago figure of $254 million.
View all Key Company Metrics for Nasdaq here>>>
Nasdaq shares have witnessed a change of +0.8% in the past month, in contrast to the Zacks S&P 500 composite's +4.5% move. With a Zacks Rank #3 (Hold), NDAQ is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>