NASDAQ OMX Group (NDAQ) Tops Q3 EPS by 2c

NASDAQ OMX Group (NASDAQ: NDAQ) reported Q3 EPS of $0.88, $0.02 better than the analyst estimate of $0.86. Revenue for the quarter came in at $529 million versus the consensus estimate of $526.18 million.

"As evidence of the ongoing successful execution of Nasdaq's strategy, the company delivered broad-based organic growth, in both the transactional and recurring segments, and demonstrated the operating leverage inherent in the model," said Bob Greifeld, CEO, Nasdaq.

Mr. Greifeld continued, "I'm especially pleased that we were able to set this new, higher bar, while continuing to invest in attractive growth initiatives, like The NASDAQ Private Market, NFX, and IR Insight as well as returning a significant amount of capital to shareholders. Looking forward, the company is positioned to serve our customers across a wider spectrum of solutions than ever before, and we remain focused on executing against this expanded opportunity set to drive growth.

For earnings history and earnings-related data on NASDAQ OMX Group (NDAQ) click here.

You May Also Be Interested In

• SanDisk stock target lifted by Citi on continued demand strength
• BofA expects mid to outperform small stocks in the H2
• Keurig Dr Pepper upgraded at Barclays as breakup plan gains clarity