Earnings Preview: NYSE Euronext

| About: NYSE Euronext (NYX)

NYSE Euronext (NYSE:NYX) is expected to report Q3 earnings on Friday, October 30 before the market open with a conference call scheduled for 8 am ET.


Analysts are looking for EPS of 46c on revenue of $1.08B. The consensus range is 42c-51c for EPS, and $1.03B-$1.23B for revenue. Earlier this month, NYSE Euronext announced trading volumes increased last month as compared with August levels. U.S. and European cash products rose 2.9% and 13.2%, respectively, and U.S. and European derivatives products increased 30% and 24.4%, respectively. The company's trading volumes in August were mixed compared to July, as cash products increased 3.9% month-over-month but equity options fell 5.5%, and European derivatives declined 1.7%. However, U.S. equity option trading jumped 66.9% year-over-year, while European derivatives trading increased 15.9% compared with August 2008. Meanwhile, NYSE Euronext recently announced that it had reached an agreement in principle to sell a significant equity interest in NYSE Amex options, one of the company's two U.S. options exchanges. Investors may want to try to determine how this move will affect NYSE Euronext's results going forward.