Nasdaq (NDAQ) Q2 Earnings: What Lies Ahead For The Stock?
Zacks Investment Research | Jul 23, 2017 10:08PM ET
Nasdaq, Inc. (NASDAQ:NDAQ) is slated to report second-quarter 2017 results on Jul 26, before the market opens. Last quarter, the company delivered a positive earnings surprise of 4.76%. Let’s see how things are shaping up for this announcement.
Factors to be Considered this Quarter
Nasdaq is likely to report bottom-line growth in the soon-to-be-reported quarter, fueled by higher revenues and better-than-expected performance across all the segments. Also, continued share buybacks should have boosted its bottom line.
The securities exchange’s net revenue growth can be attributable to net revenues from the company’s 2016 acquisitions of ISE, Marketwired, Boardvantage and Nasdaq CXC, along with organic growth in the non-trading segments.
Further, the company has likely achieved a substantial amount of annualized run rate cost synergies across the aforementioned four 2016 acquisitions. Notably, the securities exchange is anticipated to deliver on the full synergy potential of $60 million by the end of 2017.
However, Nasdaq has likely reported increased operating expenses in the soon-to-be-reported quarter.
With respect to the surprise trend, the company delivered positive surprises in three of the last four quarters with an average beat of 2.31%.
Nasdaq, Inc. Price and EPS Surprise
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