Nasdaq (NDAQ) Q3 Earnings and Revenues Surpass Estimates

Core Insights - Nasdaq reported quarterly earnings of $0.88 per share, exceeding the Zacks Consensus Estimate of $0.84 per share, and showing an increase from $0.74 per share a year ago, resulting in an earnings surprise of +4.76% [1] - The company achieved revenues of $1.32 billion for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 1.75% and up from $1.15 billion year-over-year [2] - Nasdaq shares have increased approximately 14.9% year-to-date, slightly outperforming the S&P 500's gain of 14.5% [3] Earnings Outlook - The future performance of Nasdaq's stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4][5] - The current consensus EPS estimate for the upcoming quarter is $0.87 on revenues of $1.34 billion, and for the current fiscal year, it is $3.36 on revenues of $5.17 billion [7] Industry Context - The Securities and Exchanges industry, to which Nasdaq belongs, is currently ranked in the bottom 37% of over 250 Zacks industries, indicating potential challenges ahead [8] - IntercontinentalExchange (ICE), a competitor in the same industry, is expected to report quarterly earnings of $1.62 per share, reflecting a year-over-year change of +4.5% [9]