NASDAQ (NDAQ) Tops Q4 EPS by 2c
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EPS Growth %: -5.8%
Financial Fact:
Computer operations and data communications: 27M
Today's EPS Names:
NLY, CP, RUSHA, More
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NASDAQ (NASDAQ: NDAQ) reported Q4 EPS of $1.29, $0.02 better than the analyst estimate of $1.27. Revenue for the quarter came in at $646 million versus the consensus estimate of $640.97 million.
“We are pleased with our progress in 2019 through the combination of our clear strategic direction, our unwavering commitment to clients and our disciplined execution,” said Adena Friedman, President and CEO, Nasdaq. “Specifically, we continued to adapt and broaden our offerings and deepen our client relationships, while delivering consistently on the organic growth, scalability, and return objectives we established at the onset of our strategic pivot. While still in the early stages of repositioning Nasdaq as a technology and analytics provider, we enter 2020 with clear momentum carried over from our strong finish in 2019, and will continue working to open additional areas of opportunity as the year progresses."
GUIDANCE:
The company is initiating its 2020 non-GAAP operating expense guidance in the range of $1,310 to $1,360 million. Nasdaq expects its 2020 non-GAAP tax rate to be in the range of 25.5% to 27.5%.
For earnings history and earnings-related data on NASDAQ (NDAQ) click here.
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