Nasdaq OMX Group 2Q Earnings Pregame Scorecard

Last quarter Nasdaq OMX Group (NASDAQ:NDAQ) fell short of Wall Street estimates, and it is scheduled to report again on Wednesday.

Expectations

Analysts currently expect Nasdaq OMX Group to come in with earnings of 60 cents per share on revenues of $410 million. Estimates range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from 68 cents.

Stock Movement

In terms of price changes, the stock's best recent streak was when it gained $1.60 per share between June 26, 2012 and July 2, 2012. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $2.12 (-8.5%), from $25.02 to $22.90.

Company Fundamental Trends After negative results the last two quarters, the company has a chance to recover during the upcoming earnings period. Net income fell 40.9% during the fourth quarter of the last fiscal year and yet again in the first quarter. After last quarter's drop snapped a string of revenue increases, the company will look to move in the right direction again. Revenue rose 3.8% in the fourth quarter of the last fiscal year and 26% in the third quarter of the last fiscal year before falling in the first quarter.

Stock Ratings

Analysts are bullish on the stock as nine analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.

Last Quarter's Results

In the first quarter, profit fell 18.3% to $85 million (48 cents a share) from $104 million (57 cents a share) the year earlier, missing analyst expectations. Revenue fell 2% to $801 million from $817 million.

Summary

Reporting Period: 2Q

Date of Release: Wednesday, July 25, 2012 before market open

EPS: 60 cents

Revenue Estimate: $410 million

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)