NYSE Euronext Third Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component NYSE Euronext (NYSE:NYX) will unveil its latest earnings on Thursday, November 3, 2011. NYSE Euronext provides securities listing, trading, market data products, and software and technology services.

NYSE Euronext Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 69 cents per share, a rise of 50% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 63 cents. Between one and three months ago, the average estimate moved up. It has risen from 68 cents during the last month. Analysts are projecting profit to rise by 25.4% versus last year to $2.62.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by one cent, reporting profit of 61 cents per share against a mean estimate of net income of 60 cents per share.

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.

Wall St. Revenue Expectations: Analysts are projecting a rise of 17.8% in revenue from the year-earlier quarter to $705.8 million.

Analyst Ratings: eight out of 14 analysts surveyed (57.1%) have a buy rating on NYSE Euronext.. This is below the mean analyst rating of nine competitors, which average 57.5% buy ratings. Over the past 90 days, the average rating for the stock has moved up from hold to moderate buy.

A Look Back: In the second quarter, profit fell 16.3% to $154 million (59 cents a share) from $184 million (70 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 12.4% to $1.09 billion from $1.25 billion.

Key Stats:

The decrease in profit in the second quarter came after net income rose in the previous quarter. In the first quarter, net income rose 19.2%.

Revenue fell in the second quarter after seeing a rise the quarter before. In the first quarter, revenue rose 6%.

Competitors to Watch: IntercontinentalExchange, Inc. (NYSE:ICE), NASDAQ OMX Group, Inc. (NASDAQ:NDAQ), CME Group Inc. (NASDAQ:CME), CBOE Holdings, Inc (NASDAQ:CBOE), MarketAxess Holdings Inc. (NASDAQ:MKTX), Forestar Group Inc. (NYSE:FOR), Knight Capital Group Inc. (NYSE:KCG), and London Stock Exchange Group Plc (NYSE:LSE).

Stock Price Performance: During September 30, 2011 to October 28, 2011, the stock price had risen $4.76 (20.5%) from $23.24 to $28. It saw one of its worst periods between July 26, 2011 and August 8, 2011 when shares fell for 10-straight days, falling 28.1% (-$9.78) over that span. The stock price saw one of its best stretches over the last year between July 18, 2011 and July 26, 2011 when shares rose for seven-straight days, rising 3.5% (+$1.19) over that span. Shares are down $1.12 (-3.8%) year to date.

(Source: Xignite Financials)

Investing Insights: Here’s Why Chipotle’s Stock Keeps Winning.