NASDAQ OMX Group Beats Earnings Estimates (NDAQ)

The New York, New York-based NASDAQ OMX Group, Inc. NDAQ on Wednesday morning released financial results that beat Wall Street earnings expectations. The NASDAQ OMX Group, Inc reported that its 4th quarter net income climbed to $137 million, or 69 cents per share, up from $43 million, or 20 cents per share, a year earlier. Excluding special items, the company earned 55 cents per share. A poll of analysts conducted by Thomson Reuters showed an average Wall Street estimate of expected earnings of 51 cents per share. The NASDAQ OMX Group, Inc. (NDAQ) ended the previous trading session at $25.33 per share. Analysts covering the company's stock have a consensus price target of $26.62 per share. Read more from Benzinga's Company news.