Nasdaq OMX Group (Nasdaq: NDAQ ) is expected to report Q1 earnings on April 24. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Nasdaq OMX Group's revenues will grow 2.1% and EPS will increase 1.6%.
The average estimate for revenue is $419.5 million. On the bottom line, the average EPS estimate is $0.62.
Last quarter, Nasdaq OMX Group booked revenue of $419.0 million. GAAP reported sales were 9.9% lower than the prior-year quarter's $835.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $0.64. GAAP EPS of $0.51 for Q4 were 13% 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 preceding quarter, gross margin was 55.7%, 550 basis points better than the prior-year quarter. Operating margin was 26.2%, 600 basis points better than the prior-year quarter. Net margin was 11.4%, 170 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $1.82 billion. The average EPS estimate is $2.67.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 584 members out of 606 rating the stock outperform, and 22 members rating it underperform. Among 156 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 153 give Nasdaq OMX Group a green thumbs-up, and three 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.
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