Investing.com - Nasdaq Inc reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Nasdaq Inc announced earnings per share of $1.5 on revenue of $701M. Analysts polled by Investing.com anticipated EPS of $1.45 on revenue of $686.31M. That with comparison to EPS of $1.22 on revenue of $634M in the same period a year before.Nasdaq Inc had reported EPS of $1.29 on revenue of $646M in the previous quarter.Analysts are expecting EPS of $1.34 and revenue of $655.06M in the upcoming quarter.
Nasdaq Inc shares are down 1% from the beginning of the year and are trading at $105.27 , down-from-52-week-high.They are outperforming the S&P 500 which is down 15.66% year to date.
Nasdaq Inc follows other major Financial sector earnings this month
Nasdaq Inc's report follows an earnings missed by JPMorgan on Tuesday, April 14, 2020, who reported EPS of $0.78 on revenue of $29.07B, compared to forecasts EPS of $1.87 on revenue of $29.54B.
UnitedHealth had beat expectations on Wednesday, April 15, 2020 with first quarter EPS of $3.72 on revenue of $64.42B, compared to forecast for EPS of $3.63 on revenue of $64.16B.
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