The NASDAQ OMX Group, Inc. Second Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) will unveil its latest earnings on Wednesday, July 27, 2011. NASDAQ OMX Group Inc. delivers trading, securities listing, exchange technology and public company services across six continents.

The NASDAQ OMX Group, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 60 cents per share, a rise of 15.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 61 cents. Between one and three months ago, the average estimate was unchanged, but has since dropped during the last month. For the year, analysts are projecting profit of $2.44 per share, a rise of 23.2% from last year.

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 net income of 61 cents per share against a mean estimate of profit of 60 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $413.1 million in revenue this quarter, a rise of 5.9% from the year ago quarter. Analysts are forecasting total revenue of $1.66 billion for the year, a rise of 9.2% from last year’s revenue of $1.52 billion.

Analyst Ratings: Analysts seem relatively indifferent about NASDAQ OMX Group with 10 of 18 analysts surveyed maintaining a hold rating.

Key Stats:

The company has now seen net income rise in three straight quarters. In the first quarter, net income rose 70.5% while it rose more than threefold in the fourth quarter of the last fiscal year and 68.3% in the third quarter of the last fiscal year.

A year-over-year revenue increase in the first quarter snaps a streak of three consecutive quarters of revenue declines. Revenue rose 6.9% in the first quarter and fell 1.2% in the fourth quarter of the last fiscal year, 7.3% in the third quarter of the last fiscal year and 1.5% in the second quarter of the last fiscal year.

Competitors to Watch: NYSE Euronext (NYSE:NYX), IntercontinentalExchange, Inc. (NYSE:ICE), CBOE Holdings, Inc (NASDAQ:CBOE), CME Group Inc. (NASDAQ:CME), MarketAxess Holdings Inc. (NASDAQ:MKTX), Forestar Group Inc. (NYSE:FOR) and London Stock Exchange Group Plc (NYSE:LSE).

Stock Price Performance: During April 26, 2011 to July 21, 2011, the stock price had fallen $3.44 (-12.6%) from $27.28 to $23.84. The stock price saw one of its best stretches over the last year between June 23, 2011 and July 5, 2011 when shares rose for eight-straight days, rising 12.5% (+$2.92) over that span. It saw one of its worst periods between August 18, 2010 and August 26, 2010 when shares fell for seven-straight days, falling 9.1% (-$1.83) over that span. Shares are up 11 cents (+0.5%) year to date.

(Source: Xignite Financials)

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