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Friday, April 27, 2012

NYSE Group Inc earning estimate report april 30 2012

NYSE Group Inc earning estimate report april 30 2012, NYSE Euronext‘s (NYX) ; Leading up to NYSE Euronext‘s (NYX) announcement of its first quarter earnings on Monday, April 30, 2012 analysts have become more wary as expectations have fallen over the past month to earnings of 48 cents per share from earnings of 53 cents per share.

What to Expect:
The current estimate reflects a 29.4% decrease from the year-ago quarter, when NYSE reported earnings of 68 cents per share. Over the past three months, the consensus estimate has sagged from 62 cents. For the fiscal year, analysts are projecting earnings of $2.41 per share.

Analysts look for revenue to decrease 46.8% year-over-year to $610.5 million for the quarter, after being $1.15 billion a year ago. For the year, revenue is expected to come in at $2.55 billion.

Trends to Watch For:
Revenue rose in the last two quarters. In the most recent quarter, revenue rose 0.9% year-over-year to $1.05 billion. The quarter before that, it rose 19.8%.

Analyst Ratings:
Most analysts think investors should stand pat on NYSE, with eight of 15 analysts rating it hold.

Competitors:
NYSE Euronext provides securities listing, trading, market data products, and software and technology services, and offers financial products and services such as cash equities, bonds, market data, and commercial technology solutions to investors, financial institutions, and market participants. One of NYSE’s main competitors in the diversified financial services industry, CME Group (CME), will report earnings on April 26, 2012. Other competitors in the financials sector include: IntercontinentalExchange (ICE), Nasdaq OMX Group (NDAQ), and CBOE Holdings (CBOE).

Recent Price Movement:
Since January 26, 2012, the stock price has dipped 1.5% to $26.69 from $27.11.

Earnings estimates provided by Zacks.
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