Nasdaq Inc is expected to show a decrease in its first quarter earnings to $1.17 per share according to the mean Refinitiv estimate from fourteen analysts. Wall Street expects results to range from $1.11 to $1.22 per share.
RECOMMENDATIONS * The consensus recommendation for the company is "Buy". This includes two "Strong Buy", six "Buy", seven "Hold". * The average consensus recommendation for the financial & commodity market operators & service providers peer group is also "Buy". FORECAST CHANGES * Fourteen analysts are currently providing Refinitiv with estimates.
* In the last week two analysts have negatively revised earnings estimates and there have been no positive earnings revisions. There were no changes to the number of estimates. * In the last four weeks the earnings per share estimate has fallen by 3.33 percent from $1.21. Estimates ranged from a high of $1.29 to a low of $1.10. There has been no changes to the number of estimates. * The StarMine predicted earnings surprise is is too low to be considered statistically significant. Predicted revenue surprise is too low to be significant.
* The average price target from the fourteen analysts providing estimates is $94.92. YEAR OVER YEAR * The company is expected to report a fall in revenue to $632.45 million from $666 million in the same quarter last year. * The current quarter consensus estimate of $1.17 per share implies a loss of 5.87 percent from the same quarter last year when the company reported $1.24 per share.
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