Nasdaq (NDAQ) Beats on Q3 Earnings, Lowers Expense View
Nasdaq NDAQ reported third-quarter 2019 adjusted earnings per share of $1.27, beating the Zacks Consensus Estimate of $1.21 by nearly 5%. The bottom line increased 10.4% year over year.
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Performance in Detail
Nasdaq’s revenues of $632 million increased 5.3% year over year. The upside was primarily attributable to organic growth and a positive $12 million impact from the addition of revenues from the acquisitions of Cinnober and Quandl. However, a $10 million negative impact from a divestiture and a $7 million unfavorable impact from changes in foreign exchange rates were partial offsets. Organic revenues grew 6%. The top line beat the Zacks Consensus Estimate by 0.4%.
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https://finance.yahoo.com/news/nasdaq-nd...02771.html
Nasdaq NDAQ reported third-quarter 2019 adjusted earnings per share of $1.27, beating the Zacks Consensus Estimate of $1.21 by nearly 5%. The bottom line increased 10.4% year over year.
...
Performance in Detail
Nasdaq’s revenues of $632 million increased 5.3% year over year. The upside was primarily attributable to organic growth and a positive $12 million impact from the addition of revenues from the acquisitions of Cinnober and Quandl. However, a $10 million negative impact from a divestiture and a $7 million unfavorable impact from changes in foreign exchange rates were partial offsets. Organic revenues grew 6%. The top line beat the Zacks Consensus Estimate by 0.4%.
...
https://finance.yahoo.com/news/nasdaq-nd...02771.html
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