Nasdaq Stock Likely To Edge Past The Street Expectations In Q4

Nasdaq (NASDAQ: NDAQ) is scheduled to report its fiscal Q4 2022 results on Wednesday, January 25, 2023. We expect Nasdaq to edge past the consensus estimates for revenues and earnings. The exchange reported mixed results in the last quarter, with the net revenues (total revenues minus transaction-based expenses) marginally missing expectations, despite increasing 6% y-o-y to $890 million. The growth was driven by an 8% rise in the non-trading revenues (solutions segment), supported by a 4% increase in the market services (trading revenues). We expect the same trend to continue in Q4.

Our forecast indicates that Nasdaq’s valuation is $68 per share, which is 8% above the current market price of around $62. Our interactive dashboard analysis on Nasdaq’s Earnings Preview has more details.