Plus   Neg

Nasdaq Inc. Q2 adjusted earnings Beat Estimates

Nasdaq Inc. (NDAQ) released earnings for its second quarter that rose from the same period last year.

The company's earnings came in at $174 million, or $1.04 per share. This compares with $162 million, or $0.97 per share, in last year's second quarter.

Excluding items, Nasdaq Inc. reported adjusted earnings of $203 million or $1.22 per share for the period.

Analysts had expected the company to earn $1.20 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.3% to $623 million from $615 million last year.

Nasdaq Inc. earnings at a glance:

-Earnings (Q2): $203 Mln. vs. $194 Mln. last year.
-EPS (Q2): $1.22 vs. $1.16 last year.
-Analysts Estimate: $1.20
-Revenue (Q2): $623 Mln vs. $615 Mln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT