Nasdaq Inc reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nasdaq Inc announced earnings per share of $1.5 on revenue of $701M. Analysts polled by anticipated EPS of $1.45 on revenue of $686.31M. That with comparison to EPS of $1.22 on revenue of $634M in the same period a year before. Nasdaq Inc had reported EPS of $1.29 on revenue of $646M in the previous quarter. Analysts are expecting EPS of $1.34 and revenue of $655.06M in the upcoming quarter.
Nasdaq Inc shares are down 1% from the beginning of the year , still down 12.44% from its 52 week high of $120.23 set on February 4. They are outperforming the S&P 500 which is down 15.66% year to date.
Nasdaq Inc follows other major Financial sector earnings this month
Nasdaq Inc's report follows an earnings missed by JPMorgan on April 14, who reported EPS of $0.78 on revenue of $29.07B, compared to forecasts EPS of $1.87 on revenue of $29.54B.
UnitedHealth had beat expectations on April 15 with first quarter EPS of $3.72 on revenue of $64.42B, compared to forecast for EPS of $3.63 on revenue of $64.16B.
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