Intercontinental Exchange Inc. (NYSE:ICE) stock exchange regulator, is expected to report third quarter earnings results, before market open, on Thursday 29th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.99 per share.
Looking ahead, the full year income are expected at $ 4.42 per share on the revenues of $ 5866.97 million.
Previous Quarter Performance
Intercontinental Exchange Inc. communicated income for the second quarter of $ 1.07 per share, from the revenue of $ 1,395.00 million. The quarterly earnings escalated 13.83 percent while revenues raised 7.47 percent compared with the same quarter last year.
According to street consensus, ICE was expected to report 2Q20 income of $ 1.04 per share from revenue of $ 1386.40 million. The bottom line results beat street analysts by $ 0.03 or 2.88 percent, at the same time, top line results outshined analysts by $ 8.60 million or 0.62 percent.
Stock Performance
Shares of Intercontinental Exchange Inc. traded low $ -3.79 or -3.88 percent on Wednesday, reaching $ 93.77 with volume of 3.10 million shares. Intercontinental Exchange Inc. has traded high as $ 96.11 and has cracked $ 93.64 on the downward trend
According to the previous trading day, closing price of $ 93.77, representing a 53.61 % increase from the 52 week low of $ 63.51 and a 8.81 % decrease over the 52 week high of $ 106.99.
The company has a market capital of $ 52.63 billion and is part of the Financial Services sector and Financial Data & Stock Exchanges industry.
Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses, and listings venues for commodity, financial, fixed income, and equity markets in the United States, the United Kingdom, European Union, Asia, Israel, and Canada. It operates through two segments, Trading and Clearing; and Data and Listings.
