For the quarter ended March 2025, Nasdaq (NDAQ) reported revenue of $1.24 billion, up 10.7% over the same period last year. EPS came in at $0.79, compared to $0.63 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $1.24 billion, representing a surprise of +0.14%. The company delivered an EPS surprise of +2.60%, with the consensus EPS estimate being $0.77.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Nasdaq performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Total matched market share executed on Nasdaq exchanges - Cash Equity Trading: 14.6% versus 14.9% estimated by five analysts on average.
- Total matched market share executed on Nasdaq exchanges - Equity Derivative Trading and Clearing: 29.1% compared to the 29.1% average estimate based on five analysts.
- Total industry average daily volume - Equity Derivative Trading and Clearing: 53.6 million versus the four-analyst average estimate of 51.45 million.
- Total industry average daily share volume - Cash Equity Trading: 15.7 billion compared to the 14.6 billion average estimate based on four analysts.
- Net Revenues- Financial Technology: $432 million versus the eight-analyst average estimate of $434.59 million.
- Net Revenues- Capital Access Platforms: $515 million compared to the $519.37 million average estimate based on eight analysts. The reported number represents a change of +7.5% year over year.
- Net Revenues- Other Revenues: $9 million versus the seven-analyst average estimate of $8.57 million. The reported number represents a year-over-year change of 0%.
- Net Revenues- Capital Access Platforms- Workflow and Insights revenues: $130 million compared to the $131.13 million average estimate based on six analysts. The reported number represents a change of +4% year over year.
- Net Revenues- Capital Access Platforms- Index revenues: $193 million versus $198.75 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +14.9% change.
- Net Revenues- Capital Access Platforms- Data and Listing Services revenues: $192 million compared to the $191.11 million average estimate based on six analysts. The reported number represents a change of +3.2% year over year.
- Net Revenues- Financial Technology- Capital Markets Technology: $254 million versus the six-analyst average estimate of $256.29 million.
- Net Revenues- Market Services: $1.13 billion compared to the $275.95 million average estimate based on five analysts.
View all Key Company Metrics for Nasdaq here>>>
Shares of Nasdaq have returned -5.2% over the past month versus the Zacks S&P 500 composite's -5.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Nasdaq, Inc. (NDAQ): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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