31.10.2024 12:44:28
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Intercontinental Exchange Inc. Q3 Profit Increases, Inline With Estimates
(RTTNews) - Intercontinental Exchange Inc. (ICE) announced earnings for its third quarter that increased from last year in line with the Street estimates.
The company's bottom line totaled $657 million, or $1.14 per share. This compares with $541 million, or $0.96 per share, in last year's third quarter.
Excluding items, Intercontinental Exchange Inc. reported adjusted earnings of $894 million or $1.55 per share for the period.
Analysts on average had expected the company to earn $1.55 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 24.9% to $3.033 billion from $2.429 billion last year.
Intercontinental Exchange Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $657 Mln. vs. $541 Mln. last year. -EPS (Q3): $1.14 vs. $0.96 last year. -Revenue (Q3): $3.033 Bln vs. $2.429 Bln last year.
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