The upcoming report from IntercontinentalExchange (ICE) is expected to reveal quarterly earnings of $1.49 per share, indicating an increase of 5.7% compared to the year-ago period. Analysts forecast revenues of $2.3 billion, representing an increase of 21.3% year over year.Over the last 30 days, there has been an upward revision of 1.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over ...

Intercontinental Exchange Inc. (ICE) is slated to report first-quarter 2024 earnings on May 2, before market open. ICE delivered an earnings surprise in each of the last four quarters, the average beat being 3.12%.Factors to NoteSolid performance at Exchanges, and Fixed Income and Data Services segments is likely to have aided revenues in the to-be-reported quarter. The Zacks Consensus Estimate for revenues is pegged at $2.30 billion, indicating an increase of 21.2% from the year-ago reported number.Higher ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering IntercontinentalExchange (ICE) , which belongs to the Zacks Securities and Exchanges industry.This owner of the New York Stock Exchange and other stock markets has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 3.69%.For the last reported quarter, ICE ca ...

Intercontinental Exchange, Inc. (ICE) has been favored by investors on the back of a compelling portfolio, expansive risk-management services, strategic buyouts, solid balance sheet and effective capital deployment.Zacks Rank & Price PerformanceIntercontinental currently carries a Zacks Rank #3 (Hold). Over the past year, the stock has gained 29.7% compared with the industry’s growth of 32.1%.Image Source: Zacks Investment ResearchGrowth ProjectionsThe Zacks Consensus Estimate for Intercontinental’s 2024 ea ...

Intercontinental Exchange, Inc. (ICE) recently announced its partnership with Freddie Mac in a bid to improve the loan quality for lenders in the mortgage origination process. This partnership will aid lenders to serve more borrowers along with lowering risk.This move bodes well for Intercontinental, which aims to strengthen its Mortgage Technology segment. This segment’s revenues accounted for 19% of ICE’s consolidated revenues in 2023. This partnership should benefit from the solutions and automation tech ...

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Fifth Third Bank will move its origination and servicing operations to the end-to-end mortgage technology ecosystem from ICE. Using the Encompass® and MSP® loan origination and servicing platforms gives the bank a seamlessly integrated system to handle both first lien and home equity products across all lending and servicing channels, from customer engag ...

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced that Lennar Mortgage will move its servicing operations onto the industry-leading ICE MSP® loan servicing system. Already a longtime user of ICE’s Encompass® digital lending platform, Lennar will see greater efficiencies and compliance support from the seamless integration of the systems via the ICE end-to-end technology ecosystem. “Lennar values the relation ...

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of technology and data, today announced the addition of two new solutions to its growing suite of intelligent valuation tools for the real estate markets and housing finance industries. The newest solutions, Validate ROVSM and Valuation SelectorSM each address particular challenges inherent in the need for swift, accurate, objective and compliant property valuations. “Transparent and accurate prope ...

DES MOINES, Iowa--(BUSINESS WIRE)--Coviance, a lending experience platform transforming lending automation and elevating borrower experiences by accelerating lending cycle, and simplifying ops and compliance management, announced today that its platform is now integrated with Encompass® by ICE Mortgage Technology®, part of ICE (NYSE: ICE), a global data, technology and market infrastructure company that designs, builds and operates digital networks to connect people to opportunity. Coviance has combined ...

Intercontinental Exchange, Inc. (ICE) recently announced the launch of MSCI Index Total Return Futures (TRFs). This move is expected to enhance ICE’s offerings and aid clients to gain exposure to MSCI’s indices like the MSCI Emerging Market Index, MSCI USA Index, MSCI EAFE Index and MSCI World Index. The new product will refer to the total return version of indices, which includes the daily reinvestment of dividends.This move bodes well for Intercontinental, which aims to strengthen its Exchange business se ...