25.04.2024 14:22:23 - dpa-AFX: Nasdaq Q1 Adj. EPS Misses Estimates, But Revenues Top
NEW YORK CITY (dpa-AFX) - 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.
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