Tags: earnings | NYSE | Euronext | stocks

NYSE Euronext 3Q Results Miss Expectations

Tuesday, 05 November 2013 10:25 AM EST

NYSE Euronext Inc.'s third-quarter net income rose 65 percent as revenue improved for its cash trading and listings and derivatives businesses.

But adjusted profit and revenue missed analysts' estimates.

For the period ended Sept. 30, the parent of the New York Stock Exchange earned $178 million, or 73 cents per share. That compares with $108 million, or 44 cents per share, a year earlier.

Excluding costs tied to its acquisition by IntercontinentalExchange Inc. and other items, earnings were 53 cents per share. Analysts expected 55 cents per share.

Revenue, excluding certain expenses, climbed 3 percent to $574 million from $559 million. Wall Street called for $579.2 million.

Derivatives revenue rose 1 percent, while cash trading and listings revenue increased 5 percent.

© Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Markets
NYSE Euronext Inc.'s third-quarter net income rose 65 percent as revenue improved for its cash trading and listings and derivatives businesses.
earnings,NYSE,Euronext,stocks
121
2013-25-05
Tuesday, 05 November 2013 10:25 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved