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Unveiling Nasdaq (NDAQ) Q3 Outlook: Wall Street Estimates for Key Metrics
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Wall Street analysts forecast that Nasdaq (NDAQ - Free Report) will report quarterly earnings of $1.02 per share in its upcoming release, pointing to a year-over-year increase of 15.9%. It is anticipated that revenues will amount to $1.47 billion, exhibiting an increase of 11.7% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Nasdaq metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Net Revenues- Financial Technology' at $524.26 million. The estimate points to a change of +14.7% from the year-ago quarter.
Analysts forecast 'Net Revenues- Total Market Services, net' to reach $306.57 million. The estimate indicates a change of +1.2% from the prior-year quarter.
According to the collective judgment of analysts, 'Net Revenues- Capital Access Platforms' should come in at $633.22 million. The estimate indicates a change of +16% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Revenues- Financial Technology- Financial Crime Management Technology' of $103.28 million. The estimate points to a change of +23% from the year-ago quarter.
It is projected by analysts that the 'Net Revenues- Financial Technology- Regulatory Technology' will reach $122.17 million. The estimate indicates a year-over-year change of +12.1%.
Analysts' assessment points toward 'Net Revenues- Total Market Services, net- U.S. Equity Derivatives Trading' reaching $106.73 million. The estimate indicates a change of -13.9% from the prior-year quarter.
The consensus estimate for 'Net Revenues- Total Market Services, net- Cash Equity Trading (U.S. & European)' stands at $144.99 million. The estimate indicates a year-over-year change of +14.2%.
Analysts predict that the 'Cash Equity Trading - Total matched market share executed on Nasdaq?s exchanges' will reach 14.6%. Compared to the current estimate, the company reported 14.1% in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Equity Derivative Trading and Clearing - Total matched market share executed on Nasdaq?s exchanges' should arrive at 28.1%. The estimate compares to the year-ago value of 28.5%.
The combined assessment of analysts suggests that 'Equity Derivative Trading and Clearing - Total industry average daily volume' will likely reach 62.52 million. The estimate is in contrast to the year-ago figure of 55.80 million.
The consensus among analysts is that 'Cash Equity Trading - Total industry average daily share volume' will reach 17.49 billion. Compared to the current estimate, the company reported 17.60 billion in the same quarter of the previous year.
Analysts expect 'Cash Equity Trading - Matched share volume' to come in at 163.43 billion. Compared to the current estimate, the company reported 158.60 billion in the same quarter of the previous year.
Shares of Nasdaq have experienced a change of +0.5% in the past month compared to the +1.5% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), NDAQ is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
View the Zacks #1 Rank List
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Unveiling Nasdaq (NDAQ) Q3 Outlook: Wall Street Estimates for Key Metrics
Wall Street analysts forecast that Nasdaq (NDAQ - Free Report) will report quarterly earnings of $1.02 per share in its upcoming release, pointing to a year-over-year increase of 15.9%. It is anticipated that revenues will amount to $1.47 billion, exhibiting an increase of 11.7% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Nasdaq metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Net Revenues- Financial Technology' at $524.26 million. The estimate points to a change of +14.7% from the year-ago quarter.
Analysts forecast 'Net Revenues- Total Market Services, net' to reach $306.57 million. The estimate indicates a change of +1.2% from the prior-year quarter.
According to the collective judgment of analysts, 'Net Revenues- Capital Access Platforms' should come in at $633.22 million. The estimate indicates a change of +16% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Revenues- Financial Technology- Financial Crime Management Technology' of $103.28 million. The estimate points to a change of +23% from the year-ago quarter.
It is projected by analysts that the 'Net Revenues- Financial Technology- Regulatory Technology' will reach $122.17 million. The estimate indicates a year-over-year change of +12.1%.
Analysts' assessment points toward 'Net Revenues- Total Market Services, net- U.S. Equity Derivatives Trading' reaching $106.73 million. The estimate indicates a change of -13.9% from the prior-year quarter.
The consensus estimate for 'Net Revenues- Total Market Services, net- Cash Equity Trading (U.S. & European)' stands at $144.99 million. The estimate indicates a year-over-year change of +14.2%.
Analysts predict that the 'Cash Equity Trading - Total matched market share executed on Nasdaq?s exchanges' will reach 14.6%. Compared to the current estimate, the company reported 14.1% in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Equity Derivative Trading and Clearing - Total matched market share executed on Nasdaq?s exchanges' should arrive at 28.1%. The estimate compares to the year-ago value of 28.5%.
The combined assessment of analysts suggests that 'Equity Derivative Trading and Clearing - Total industry average daily volume' will likely reach 62.52 million. The estimate is in contrast to the year-ago figure of 55.80 million.
The consensus among analysts is that 'Cash Equity Trading - Total industry average daily share volume' will reach 17.49 billion. Compared to the current estimate, the company reported 17.60 billion in the same quarter of the previous year.
Analysts expect 'Cash Equity Trading - Matched share volume' to come in at 163.43 billion. Compared to the current estimate, the company reported 158.60 billion in the same quarter of the previous year.
View all Key Company Metrics for Nasdaq here>>>Shares of Nasdaq have experienced a change of +0.5% in the past month compared to the +1.5% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), NDAQ is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .