Intercontinental Exchange (ICE) Tops Q2 EPS by 3c, provides guidance

Intercontinental Exchange (NYSE: ICE) reported Q2 EPS of $1.52, $0.03 better than the analyst estimate of $1.49. Revenue for the quarter came in at $2.3 billion versus the consensus estimate of $2.31 billion.

Updated Financial Guidance

ICE's full year 2024 GAAP operating expenses are expected to be in a range of $4.90 billion to $4.93 billion. Adjusted operating expenses(1) are expected to be in a range of $3.79 billion to $3.82 billion.
ICE's third quarter 2024 GAAP operating expenses are expected to be in a range of $1.22 billion to $1.23 billion. Adjusted operating expenses(1) are expected to be in a range of $955 million to $965 million.
ICE's third quarter 2024 GAAP non-operating expense(2) is expected to be in the range of $200 million to $205 million. Adjusted non-operating expense is expected to be in the range of $190 million to $195 million.
ICE's diluted share count for the third quarter is expected to be in the range of 573 million to 579 million weighted average shares outstanding.

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

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