Wall Street's Insights Into Key Metrics Ahead of Nasdaq (NDAQ) Q1 Earnings

Wall Street analysts forecast that Nasdaq (NDAQ) will report quarterly earnings of $0.65 per share in its upcoming release, pointing to a year-over-year decline of 5.8%. It is anticipated that revenues will amount to $1.12 billion, exhibiting an increase of 22% compared to the year-ago quarter.

The current level reflects an upward revision of 0.9% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight.

In light of this perspective, let's dive into the average estimates of certain Nasdaq metrics that are commonly tracked and forecasted by Wall Street analysts.

The consensus among analysts is that 'Total matched market share executed on Nasdaq exchanges - Cash Equity Trading' will reach 16.6%. Compared to the present estimate, the company reported 16.7% in the same quarter last year.

According to the collective judgment of analysts, 'Total matched market share executed on Nasdaq exchanges - Equity Derivative Trading and Clearing' should come in at 30.0%. Compared to the present estimate, the company reported 30.8% in the same quarter last year.

Analysts' assessment points toward 'Total industry average daily volume - Equity Derivative Trading and Clearing' reaching 42.52 million. The estimate compares to the year-ago value of 42.4 million.

Based on the collective assessment of analysts, 'Total industry average daily share volume - Cash Equity Trading' should arrive at 11.31 billion. Compared to the present estimate, the company reported 11.8 billion in the same quarter last year.

View all Key Company Metrics for Nasdaq here>>>

Shares of Nasdaq have experienced a change of -2.1% in the past month compared to the -4% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), NDAQ is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

Where Will Stocks Go…

If Biden Wins? If Trump Wins?

The answers may surprise you.

Since 1950, even after negative midterm years, the market has never had a lower presidential election year. With voters energized and engaged, the market has been almost unrelentingly bullish no matter which party wins!

Now is the time to download Zacks' free Special Report with 5 stocks that offer extreme upside for both Democrats and Republicans…

1. Medical manufacturer has gained +11,000% in the last 15 years.

2. Rental company is absolutely crushing its sector.

3. Energy powerhouse plans to grow its already large dividend by 25%.

4. Aerospace and defense standout just landed a potentially $80 billion contract.

5. Giant Chipmaker is building huge plants in the U.S. 

Hurry, Download Special Report FREE >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Nasdaq, Inc. (NDAQ) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.