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ICE (ICE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
ZACKS· 2025-07-31 14:31
Core Insights - IntercontinentalExchange (ICE) reported a revenue of $2.54 billion for the quarter ended June 2025, reflecting a year-over-year increase of 9.8% and surpassing the Zacks Consensus Estimate by 0.71% [1] - Earnings per share (EPS) for the same quarter was $1.81, up from $1.52 in the previous year, exceeding the consensus EPS estimate by 2.26% [1] Revenue Breakdown - Mortgage Technology Segment generated $531 million, slightly below the average estimate of $535.23 million, marking a year-over-year increase of 4.9% [4] - Exchanges Segment (less transaction-based) reported revenues of $1.1 billion, significantly lower than the estimated $1.39 billion, representing a decline of 12% year-over-year [4] - Fixed Income and Data Services Segment achieved $597 million, slightly above the average estimate of $595.14 million, with a year-over-year growth of 5.7% [4] - Fixed Income Execution within the Fixed Income and Data Services Segment reported $32 million, close to the estimate of $32.93 million, reflecting a year-over-year increase of 6.7% [4] - Mortgage Technology Segment's Servicing Software generated $220 million, below the estimate of $225.01 million, with a year-over-year growth of 3.8% [4] - Data and Analytics within the Mortgage Technology Segment reported $66 million, slightly below the estimate of $67.43 million, with a year-over-year increase of 6.5% [4] - Closing Solutions in the Mortgage Technology Segment achieved $58 million, exceeding the estimate of $52.42 million, representing an 11.5% year-over-year increase [4] - Origination Technology within the Mortgage Technology Segment reported $187 million, slightly above the estimate of $185.57 million, with a year-over-year growth of 3.9% [4] - Energy revenues in the Exchanges Segment reached $595 million, surpassing the estimate of $580.18 million, with a significant year-over-year increase of 26.9% [4] - Agricultural and Metals revenues in the Exchanges Segment were $65 million, slightly above the estimate of $64.74 million, reflecting a year-over-year decline of 8.5% [4] - Financials in the Exchanges Segment reported $158 million, exceeding the estimate of $156.72 million, with a year-over-year increase of 19.7% [4] - Cash Equities and Equity Options in the Exchanges Segment achieved $123 million, above the estimate of $119.39 million, representing a year-over-year increase of 10.8% [4] Stock Performance - ICE shares have returned +2.2% over the past month, compared to a +2.7% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]
Intercontinental Exchange: Benefiting From Middle East Tensions And Tariff Uncertainties; Initiate With 'Buy'
Seeking Alpha· 2025-06-20 08:27
Group 1 - Intercontinental Exchange (ICE) operates exchanges and provides fixed income and mortgage services for financial institutions [1] - The company is anticipated to sustain growth momentum in future trading volumes in FY25 [1] - A 'buy' rating is initiated with a fair value assessment [1]
Compared to Estimates, ICE (ICE) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-05-01 14:36
Core Insights - IntercontinentalExchange (ICE) reported revenue of $2.47 billion for Q1 2025, an 8% year-over-year increase, with EPS of $1.72 compared to $1.48 a year ago, exceeding Zacks Consensus Estimates for both revenue and EPS [1] Revenue Performance by Segment - Mortgage Technology Segment: Revenue of $510 million, slightly below the estimated $512.49 million, representing a 2.2% year-over-year increase [4] - Exchanges Segment (less transaction-based): Revenue of $1.37 billion, exceeding the estimated $1.35 billion, with an 11.8% year-over-year increase [4] - Fixed Income and Data Services Segment: Revenue of $596 million, slightly below the estimated $602.82 million, reflecting a 4.9% year-over-year increase [4] - Exchanges Segment - Data and Connectivity Services: Revenue of $246 million, above the estimated $242.38 million, with a 4.7% year-over-year increase [4] - Exchanges Segment - Energy: Revenue of $557 million, exceeding the estimated $543.91 million, showing a significant 21.9% year-over-year increase [4] - Exchanges Segment - Ags and Metals: Revenue of $64 million, below the estimated $65.19 million, representing an 11.1% year-over-year decrease [4] - Exchanges Segment - Financials: Revenue of $156 million, above the estimated $149.41 million, with a 15.6% year-over-year increase [4] - Exchanges Segment - Cash Equities and Equity Options: Revenue of $119 million, exceeding the estimated $114.55 million, reflecting a 20.2% year-over-year increase [4] - Exchanges Segment - OTC and Other: Revenue of $103 million, slightly below the estimated $104.75 million, with no year-over-year change [4] - Mortgage Technology Segment - Servicing Software: Revenue of $221 million, above the estimated $212.02 million [4] - Exchanges Segment - Listings: Revenue of $122 million, slightly below the estimated $122.55 million, with no year-over-year change [4] - Fixed Income and Data Services Segment - Fixed Income Execution: Revenue of $31 million, slightly below the estimated $31.11 million, reflecting a 19.2% year-over-year increase [4] Stock Performance - ICE shares have returned -1.5% over the past month, compared to the Zacks S&P 500 composite's -0.7% change, with a Zacks Rank 2 (Buy), indicating potential outperformance in the near term [3]