07.02.2019 13:32:40

IntercontinentalExchange Group Inc. Q4 adjusted earnings Beat Estimates

(RTTNews) - IntercontinentalExchange Group Inc. (ICE) reported earnings for fourth quarter that declined from the same period last year.

The company's earnings came in at $0.61 billion, or $1.07 per share. This compares with $1.23 billion, or $2.09 per share, in last year's fourth quarter.

Excluding items, IntercontinentalExchange Group Inc. reported adjusted earnings of $536 million or $0.94 per share for the period.

Analysts had expected the company to earn $0.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 16.7% to $1.68 billion from $1.44 billion last year.

IntercontinentalExchange Group Inc. earnings at a glance:

-Earnings (Q4): $536 Mln. vs. $441 Mln. last year. -EPS (Q4): $0.94 vs. $0.75 last year. -Analysts Estimate: $0.92 -Revenue (Q4): $1.68 Bln vs. $1.44 Bln last year.

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IntercontinentalExchange Group Inc 161,02 4,22% IntercontinentalExchange Group Inc