Intercontinental Exchange (ICE) Q1 Earnings & Revenues Beat
Zacks Investment Research | May 01, 2019 09:47PM ET
Intercontinental Exchange, Inc. (NYSE:ICE) reported first-quarter 2019 adjusted earnings per share of 92 cents, beating the Zacks Consensus Estimate of 89 cents by 3.4%. Also, the bottom line improved 2.2% on a year-over-year basis.
On a GAAP basis, net income was 85 cents per share, up 8% year over year.
The company witnessed growth in subscription-based Data & Listings business, which offset muted trading activity.
Intercontinental Exchange Inc. Price, Consensus and EPS Surprise
Performance of Other Securities and Exchanges
Other players from the same industry that have already reported first-quarter results include Nasdaq, Inc. (NASDAQ:NDAQ) , CME Group Inc. (NASDAQ:CME) and MarketAxess Holdings Inc. (NASDAQ:MKTX) . All the three companies beat the respective Zacks Consensus Estimate for earnings.
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