Essential Numbers and Themes to Watch in Nasdaq Inc.'s Q3 Earnings

Nasdaq Inc. (NASDAQ: NDAQ) issues its third-quarter earnings report on Wednesday, Oct. 25, before the start of trading. Last quarter, Nasdaq booked record net revenue and improved operating profit, and shareholders are keen for a continuation of the strong performance. Let's briefly look at key numbers and themes that investors will zero in on when Nasdaq's quarterly report is issued.

Trading revenue, which comprises about 25% of Nasdaq's total top line, will likely prove a mixed bag next week. According to Nasdaq's latest monthly trading report, which was issued Oct. 9 and covers all three months of the third quarter, U.S. equity options exhibited healthy volume growth of 5.9%, as 364 million contracts were traded. Per the report, it appears that revenue from this volume will be offset by a drop of 17.5% in U.S. fixed income trading.

However, it's a testament to management's efforts to diversify the business that a strong performance from Nasdaq's other primary revenue streams -- trade management services, market technology, information services, and corporate services -- will primarily determine the quarter's fate. For reference, in the third quarter of 2016, Nasdaq booked total net revenue of $585 million.

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Source: Fool.com