IntercontinentalExchange (ICE)
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IntercontinentalExchange (ICE) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-05-01 13:40
Company Performance - IntercontinentalExchange (ICE) reported quarterly earnings of $1.72 per share, exceeding the Zacks Consensus Estimate of $1.70 per share, and up from $1.48 per share a year ago [1] - The quarterly report reflects an earnings surprise of 1.18%, with the company having surpassed consensus EPS estimates three times over the last four quarters [2] - ICE's revenues for the quarter ended March 2025 were $2.47 billion, surpassing the Zacks Consensus Estimate by 0.49% and up from $2.29 billion year-over-year [3] Market Performance - ICE shares have increased approximately 12.7% since the beginning of the year, contrasting with the S&P 500's decline of -5.3% [4] - The current consensus EPS estimate for the upcoming quarter is $1.68 on revenues of $2.46 billion, and for the current fiscal year, it is $6.85 on revenues of $9.9 billion [8] Industry Outlook - The Securities and Exchanges industry, to which ICE belongs, is currently ranked in the top 4% of over 250 Zacks industries, indicating a favorable outlook [9] - CBOE Global, another company in the same industry, is expected to report quarterly earnings of $2.36 per share, reflecting a year-over-year change of +9.8% [10]
ICE (ICE) Soars 3.4%: Is Further Upside Left in the Stock?
ZACKS· 2025-04-10 14:40
Company Overview - IntercontinentalExchange (ICE) shares increased by 3.4% to close at $156.81, following a 9.9% loss over the past four weeks, indicating a recovery in investor sentiment [1] - The price surge is attributed to a 90-day pause on tariffs announced by President Trump, although a 10% tariff remains in effect [1] Growth Drivers - ICE is expected to grow due to strengths in global data services, index business, pricing and reference data, and the ICE Global Network offering [2] - The company has achieved expense synergies from strategic acquisitions, enhancing its portfolio and market presence [2] Financial Performance - ICE is projected to report quarterly earnings of $1.68 per share, reflecting a year-over-year increase of 13.5% [3] - Expected revenues for the upcoming quarter are $2.44 billion, which is a 6.6% increase from the same quarter last year [3] Earnings Estimates - The consensus EPS estimate for ICE has been revised 0.8% higher in the last 30 days, indicating a positive trend that may lead to price appreciation [5] - The stock currently holds a Zacks Rank of 3 (Hold), suggesting a neutral outlook [5] Industry Context - ICE operates within the Zacks Securities and Exchanges industry, where CME Group (CME) is another key player, recently closing at $254.13 with a 0.4% decline [5] - CME's consensus EPS estimate has increased by 2.2% to $2.70, representing an 8% year-over-year change, and it holds a Zacks Rank of 1 (Strong Buy) [6]