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ICE Intercontinental Exchange Inc

137.27
0.32 (0.23%)
22 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Intercontinental Exchange Inc NYSE:ICE NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.32 0.23% 137.27 137.55 136.61 137.15 1,681,089 01:00:00

Intercontinental Exchange 3Q Revenue Grows, Beats Analyst Expectations

28/10/2021 1:13pm

Dow Jones News


Intercontinental Exchange (NYSE:ICE)
Historical Stock Chart


From May 2021 to May 2024

Click Here for more Intercontinental Exchange Charts.

By Matt Grossman

 

Intercontinental Exchange Co. on Thursday posted greater revenue and earnings year over year in the third quarter.

The Atlanta-based markets company logged earnings of $1.12 a share, up from 71 cents a share a year ago. Net income rose to $633 million, from $390 million.

Stripping out one-time items, adjusted earnings were $1.30 a share. Analysts polled by FactSet had forecast adjusted earnings of $1.22 a share.

Revenue grew to $2.28 billion, from $1.93 billion a year earlier. Analysts were forecasting sales of $1.75 billion.

Exchange revenue grew 17% to $959 million. Fixed-income and data-services sales rose 6% to $477 million. Mortgage-technology revenue was $366 million, up from $143 million a year ago.

 

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

October 28, 2021 07:58 ET (11:58 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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