Nasdaq OMX Group
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Nasdaq OMX Group beat expectations on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue dropped slightly and GAAP earnings per share expanded.
Margins grew across the board.
Nasdaq OMX Group tallied revenue of $419.0 million. The 12 analysts polled by S&P Capital IQ expected revenue of $409.9 million on the same basis. GAAP reported sales were 10% lower than the prior-year quarter's $837.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.64. The 15 earnings estimates compiled by S&P Capital IQ predicted $0.61 per share. GAAP EPS of $0.50 for Q4 were 11% higher than the prior-year quarter's $0.45 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 55.7%, 540 basis points better than the prior-year quarter. Operating margin was 25.8%, 560 basis points better than the prior-year quarter. Net margin was 11.3%, 160 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $422.2 million. On the bottom line, the average EPS estimate is $0.67.
Next year's average estimate for revenue is $1.75 billion. The average EPS estimate is $2.78.
The stock has a four-star rating (out of five) at Motley Fool CAPS, with 581 members out of 604 rating the stock outperform, and 23 members rating it underperform. Among 173 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 169 give Nasdaq OMX Group a green thumbs-up, and four give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Nasdaq OMX Group is outperform, with an average price target of $27.47.
- Add Nasdaq OMX Group to My Watchlist.