Preview: Nasdaq's Earnings
Portfolio Pulse from Benzinga Insights
Nasdaq (NASDAQ:NDAQ) is set to release its quarterly earnings report on October 18, 2023. Analysts estimate an earnings per share (EPS) of $0.67. The company's past performance shows a pattern of beating EPS estimates but experiencing a drop in share price. Shares are currently trading at $50.3, down 9.88% over the last 52-week period.
October 17, 2023 | 3:01 pm
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Nasdaq's upcoming earnings report could impact its stock price. Despite consistently beating EPS estimates, the company's share price has typically dropped after earnings announcements. The stock is currently down 9.88% over the last 52 weeks.
Nasdaq has a history of beating EPS estimates but experiencing a drop in share price following the announcement. Given this pattern and the current negative returns, it's likely the upcoming earnings report could negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100