NYSE Euronext (NYX) reported that its first-quarter net income attributable to company increased to $126 million or $0.52 per share, from $87 million or $0.34 per share last year. Adjusted net income attributable to NYSE Euronext was $139 million or $0.57 per share, compared to $121 million or $0.47 per share last year.
Total revenues rose to $963 million from $952 million last year. Total revenues, less transaction-based expenses, which include Section 31 fees, liquidity payments and routing and clearing fees (net revenue), were $600 million in the first quarter of 2013, in-line with the first quarter of 2012 and included a $1 million negative impact from foreign currency fluctuations, the company said.
On average, 13 analysts polled by Thomson Reuters expected the company to report profit of $0.56 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $604.96 million for the quarter.
Duncan Niederauer, CEO of NYSE Euronext, said, "Our first quarter results reflected improved trading volumes in our European Derivatives franchise and the benefit of the actions we have taken to strengthen the fundamental earnings power of the company over the past year."
The Board of NYSE Euronext declared a cash dividend of $0.30 per share for the second quarter of 2013. The second quarter 2013 dividend is payable on June 28, 2013 to shareholders of record as of the close of business on June 14, 2013.
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