NASDAQ OMX Group, Inc. (NDAQ) Reports Fourth-Quarter Results

Symbols: NDAQ
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Analysts at BMO Capital Markets have released an update on NASDAQ OMX Group, Inc. (NASDAQ: NDAQ). NASDAQ OMX reported results for the fourth-quarter today.

The company reported operating EPS of $0.46, which came in below analysts’ estimates of $0.50. The company reported revenue of $815 million, which exceeded analysts’ estimates by about $25 million. Cost of revenues was $446 million, which was above analysts’ estimates of $410 million. Technology revenues and issuer services were stronger than analysts’ projection.

Analysts at BMO Capital Markets have an Outperform rating for NASDAQ OMX Group, Inc. Analysts have set a price target of $25 for the company.


 
 
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