Nasdaq Inc
NDAQ: XNAS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| <>y | LOCK|#^$>N | LOCK|x&z>B$< |
Nasdaq Earnings: Financial Technology Growth and Good Market Conditions Drive Strong Results
Nasdaq reported strong third-quarter earnings as the firm benefits from high market activity and rising valuations. Adjusted net revenue increased 11% to $1.3 billion. Meanwhile, adjusted diluted EPS rose 19% to $0.88 thanks to the firm's cost-savings efforts.
