Recap: Nasdaq Q3 Earnings

Shares of Nasdaq NDAQ rose 1.3% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 20.47% over the past year to $1.53, which beat the estimate of $1.45.

Revenue of $715,000,000 higher by 13.13% from the same period last year, which beat the estimate of $688,020,000.

Guidance

Nasdaq hasn't issued any earnings guidance for the time being.

Nasdaq hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Oct 21, 2020

Time: 08:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/tymdzoof

Recent Stock Performance

Company's 52-week high was at $137.94

Company's 52-week low was at $71.66

Price action over last quarter: down 1.84%

Company Profile

Nasdaq is primarily known for its equity exchange, but in addition to its market services business (around 36% of sales), the company sells and distributes exchange data through its information services segment (31%). Information services offers Nasdaq-branded indexes to asset managers and investors. Nasdaq's corporate services business (20%) offers listing services and related investor relations products to publicly traded companies. Through the company's market technology group (13%), Nasdaq facilitates the exchange operations of other exchanges throughout the world.