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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 |
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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