Financial Exchanges and Data Stocks Report Mixed Q1 Earnings

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2▲0 ▼5Impact / 5
Summary · why it matters

The ten financial exchanges and data stocks tracked by StockStory reported a satisfactory first quarter, with aggregate revenues beating analysts' consensus estimates by 1.1%. Moody's posted revenues of $2.08 billion, up 8.1% year on year and exceeding expectations by 0.9%, though its stock fell 3.4% afterward. Morningstar delivered the biggest beat among peers with revenues of $644.8 million, up 10.8% and topping estimates by 2.9%, yet its shares dropped 16.7%. CME Group was the weakest performer, with revenues of $1.88 billion missing estimates by 1.4%, and its stock declined 14.5%. MarketAxess and Nasdaq also beat revenue expectations, but their shares fell 20.7% and 4.6%, respectively, as the group's average stock price declined 8.3% since reporting.

Impact on assets 5

Financials▼ · 2 stocks
Morningstar Inc
MORN
▼ NegativeCapitalrelevance

Morningstar delivered the biggest revenue beat among peers, but its shares dropped 16.7%.

Carbon Removal (DAC)▼ · 1 stocks
CME Group Inc
CME
▼ NegativeCapitalrelevance

CME Group reported Q1 revenues of $1.88 billion, missing estimates by 1.4%, and its stock declined 14.5%.

Cloud & Digital Infrastructure▼ · 1 stocks
Moodys Corporation
MCO
▼ NegativeCapitalrelevance

Moody's posted revenues of $2.08 billion, beating expectations by 0.9%, but its stock fell 3.4% after reporting.

Digital Finance & Tokenization▼ · 1 stocks
Nasdaq Inc
NDAQ
▼ NegativeCapitalrelevance

Nasdaq beat revenue expectations, yet its shares fell 4.6% since reporting.