Thu, Aug 4, 2022 6:41 AM
STATS Perform dba Automated Insights
ATLANTA (AP) _ IntercontinentalExchange Group Inc. (ICE) on Thursday reported second-quarter profit of $555 million.
On a per-share basis, the Atlanta-based company said it had profit of 99 cents. Earnings, adjusted for one-time gains and costs, were $1.32 per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.28 per share.
The owner of the New York Stock Exchange and other stock markets posted revenue of $2.41 billion in the period. Its adjusted revenue was $1.81 billion, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $1.8 billion.