🐦 推特Wall St EngineCodex · 实盘不做把握 5/10
北京时间·🕒 发布 19:04:23时区推断·⟳ 抓取 19:04:23·⚡ 决策 07-23 19:07:46 +3m23s·95.9 天前
纳斯达克公布二季度业绩，收入和调整后EPS均高于预期
纳斯达克（NDAQ.US）二季度收入15亿美元高于约14亿美元预期，调整后EPS 1.07美元高于0.98美元预期，属于正向财报 surprise。
📄 原文Wall St Engine@wallstengine↗ 原文
NASDAQ $NDAQ Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $1.5B (Est. $1.4B) 🟢; +15% YoY 🔹 Adj. EPS: $1.07 (Est. $0.98) 🟢; +25%…
不做 纳斯达克（NDAQ.US）
财报beat方向为正，但属于预期内披露，市值约514亿美元、盘前仅涨0.73%、近20日已涨10.55%，缺少足够强的全年指引上修或市值级增量，当前不追。
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研究档案
消息传播链
- 纳斯达克提前公告二季度业绩将在2026-07-23约07:00 ET发布，并于08:00 ET召开电话会，说明财报日期本身不是新信息。
- Wall St Engine转述NDAQ二季度收入、EPS、ARR和分部收入均增长并高于市场预期，是本次detect捕捉到的直接传播节点。市场反应:NDAQ.US 报价约90.90美元，较前收90.24美元上涨0.73%。
- 2026-07-23 11:05 UTC市场反应Futu/stock_quote非一手盘前或最新报价仅小幅上涨，未显示财报beat带来强烈重定价。市场反应:NDAQ.US +0.73%，近20日已上涨10.55%。
关键理由
- 纳斯达克（NDAQ.US）二季度收入15亿美元高于约14亿美元预期，调整后EPS 1.07美元高于0.98美元预期，属于正向财报 surprise。
- 但公司市值约514亿美元，本次收入/EPS beat 幅度有限，且仅给出费用和税率指引，未披露足以显著上修全年盈利的增量指引。
- 股价近20日已上涨约10.55%，盘前仅小幅上涨0.73%，说明市场对这份财报的新增重定价力度有限。
主要风险
- 财报日历早已明确，二季度业绩披露属于预期内事件，盘前反应偏弱时追多容易变成财报见光死。
- Wall St Engine 为社交媒体转述，虽与既定披露日程一致，但当前未取得官方财报全文中的完整管理层指引细节。
反向证据
- 做多前查反向 · 来源 stock_quote · 日期 2026-07-23 · 影响 weakens
NDAQ近20日已上涨10.55%，本次盘前仅上涨0.73%，对财报beat的即时价格确认偏弱。
检索:NDAQ.US stock_quote full price trend market cap earnings reaction - 做多前查反向 · 来源 web · 日期 2026-07-23 · 影响 weakens
可核信息主要是收入/EPS beat与费用、税率指引，未见足以显著上修全年盈利的强指引 surprise。
检索:Nasdaq Q2 2026 earnings official release guidance operating expense tax rate 原文 ↗
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原文全文
展开原文 · 932 字
NASDAQ $NDAQ Q2’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $1.5B (Est. $1.4B) 🟢; +15% YoY
🔹 Adj. EPS: $1.07 (Est. $0.98) 🟢; +25% YoY
🔹 ARR: $3.3B; +11% YoY
🔹 Index Revenue: $271M; +38% YoY
Segment Net Revenue:
🔹 Capital Access Platforms: $621M; +19% YoY
🔹 Financial Technology: $539M; +16% YoY
🔹 Market Services: $340M; +11% YoY
Other Q2 Metrics:
🔹 Solutions Revenue: $1.16B; +17% YoY
🔹 Index ETP AUM: $1.11T
FY26 Guide:
🔹 Non-GAAP Operating Expense: $2.53B-$2.57B
🔹 Non-GAAP Tax Rate: 22.5% to 24.5%
Comments:
🔸 “Nasdaq delivered an outstanding second quarter, defined by new records and milestones. We delivered double-digit growth across all three divisions, surpassed $1 trillion in Index ETP AUM, and listed SpaceX, the largest IPO in exchange history.”
🔸 “Nasdaq's second quarter results mark another quarter of excellent Solutions revenue growth, expanding operating margins, strong EPS growth, and robust cash flow generation.”
🔹 Revenue: $1.5B (Est. $1.4B) 🟢; +15% YoY
🔹 Adj. EPS: $1.07 (Est. $0.98) 🟢; +25% YoY
🔹 ARR: $3.3B; +11% YoY
🔹 Index Revenue: $271M; +38% YoY
Segment Net Revenue:
🔹 Capital Access Platforms: $621M; +19% YoY
🔹 Financial Technology: $539M; +16% YoY
🔹 Market Services: $340M; +11% YoY
Other Q2 Metrics:
🔹 Solutions Revenue: $1.16B; +17% YoY
🔹 Index ETP AUM: $1.11T
FY26 Guide:
🔹 Non-GAAP Operating Expense: $2.53B-$2.57B
🔹 Non-GAAP Tax Rate: 22.5% to 24.5%
Comments:
🔸 “Nasdaq delivered an outstanding second quarter, defined by new records and milestones. We delivered double-digit growth across all three divisions, surpassed $1 trillion in Index ETP AUM, and listed SpaceX, the largest IPO in exchange history.”
🔸 “Nasdaq's second quarter results mark another quarter of excellent Solutions revenue growth, expanding operating margins, strong EPS growth, and robust cash flow generation.”
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