IntercontinentalExchange (ICE) PT Raised to $180 at Citi
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Deutsche Bank Downgrades IntercontinentalExchange (ICE) to Hold
August 2, 2024 6:00 AM EDTDeutsche Bank analyst Brian Bedell downgraded IntercontinentalExchange (NYSE: ICE) from Buy to Hold with a price target of $152.00 (from $155.00).
The analyst comments "We viewed 2Q results as being reasonably good, although following our analysis of the company's fundamentals, we slightly reduced EPS... More
Intercontinental Exchange (ICE) Tops Q2 EPS by 3c, provides guidance
August 1, 2024 7:50 AM EDTIntercontinental 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... More
NYSE-parent ICE beats profit views, helped by boost in energy trading
August 1, 2024 7:34 AM EDTBy Pritam Biswas and Lewis Krauskopf
(Reuters) -Intercontinental Exchange on Thursday reported a quarterly profit rise of 9% that topped analyst estimates, helped by robust trading in energy markets.
The parent of the New York Stock Exchange and operator of other exchanges reported revenue from trading in energy-related products surged 32% in the second quarter to $469 million.
Total revenue from ICE's exchange business, the biggest component of its income base, jumped 14% to $1.25 billion in the quarter.
... More