NYSE Euronext Beats Estimates (NYX)

New York, New York-based NYSE Euronext Inc. NYX announced on Tuesday morning that it beat consensus Wall Street estimates. NYSE Euronext Inc reported that its 4th quarter net income fell to $135 million, or 51 cents per share, down from $172 million, or 66 cents per share, a year earlier. Excluding special items, the company's earnings came in at 46 cents per share. NYSE Euronext Inc reported revenue, less transaction-based expenses, of $613 million, down 4% from $640 million a year earlier. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 43 cents per share, on revenue of $611.97 million. NYSE Euronext Inc. (NYX) closed the previous trading day at $33.76 per share. Analysts covering the company's stock give it a consensus price target of $34.92 per share. NYSE Euronext Inc is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. Read more from Benzinga's Company news.
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