Nasdaq Inc
NDAQ: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| D>D | LOCK|Y^$T@ | LOCK|J$^##$ |
Nasdaq Earnings: Decent Results on Strong Trading Revenue Offset by Weak Financial Technology Growth
Nasdaq reported strong first-quarter earnings, with net revenue increasing 10.7% from last year to $1.2 billion. Earnings per share increased to $0.69 from $0.41 last year, thanks to increased leverage against its fixed costs and the firm's cost-saving efforts following the acquisition of Adenza.
