Intercontinental Exchange (ICE) Tops Q1 EPS by 1c; updates guidance

Intercontinental Exchange (NYSE: ICE) reported Q1 EPS of $1.41, $0.01 better than the analyst estimate of $1.40. Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.89 billion.

Updated Financial Guidance

ICE's second quarter 2023 GAAP operating expenses are expected to be in a range of $905 million to $915 million. Adjusted operating expenses(1) are expected to be in a range of $763 million to $773 million.
ICE's second quarter 2023 GAAP non-operating expense(2) is expected to be in the range of $105 million to $110 million. Adjusted non-operating expense is expected to be in the range of $85 million to $90 million.

For earnings history and earnings-related data on Intercontinental Exchange (ICE) click here.

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