Nasdaq: Q2 Earnings Snapshot
Posted Jul 21, 2021 07:20:07 AM.
Last Updated Jul 21, 2021 07:32:22 AM.
This article is more than 5 years old.
NEW YORK (AP) _ Nasdaq Inc. (NDAQ) on Wednesday reported second-quarter net income of $341 million.
The New York-based company said it had profit of $2.05 per share. Earnings, adjusted for one-time gains and costs, were $1.90 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.73 per share.
The exchange operator posted revenue of $1.41 billion in the period. Its adjusted revenue was $846 million, also beating Street forecasts. Four analysts surveyed by Zacks expected $823.8 million.
Nasdaq shares have increased 36% since the beginning of the year, while the S&P’s 500 index has climbed 15%. The stock has risen 38% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NDAQ at https://www.zacks.com/ap/NDAQ
The Associated Press
