Nasdaq Inc. Q1 adjusted earnings Beat Estimates

(RTTNews) - Nasdaq Inc. (NDAQ) announced earnings for its first quarter that climbed from the same period last year.

The company's earnings came in at $298 million, or $1.78 per share. This compares with $203 million, or $1.22 per share, in last year's first quarter.

Excluding items, Nasdaq Inc. reported adjusted earnings of $327 million or $1.96 per share for the period.

Analysts had expected the company to earn $1.73 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 21.4% to $851 million from $701 million last year.

Nasdaq Inc. earnings at a glance:

-Earnings (Q1): $327 Mln. vs. $251 Mln. last year. -EPS (Q1): $1.96 vs. $1.50 last year. -Analysts Estimate: $1.73 -Revenue (Q1): $851 Mln vs. $701 Mln last year.