Intercontinental Exchange Q2 Adj $1.43 Beats $1.37 Estimate, Sales $1.89B Inline
Portfolio Pulse from Benzinga Newsdesk
Intercontinental Exchange (NYSE:ICE) reported Q2 earnings of $1.43 per share, beating the analyst consensus estimate of $1.37 by 4.38%. This is an 8.33% increase from the same period last year. The company also reported quarterly sales of $1.89 billion, meeting the analyst consensus estimate, a 4.08% increase from last year.
August 04, 2023 | 1:00 pm
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POSITIVE IMPACT
Intercontinental Exchange reported better than expected Q2 earnings and met sales estimates. This could positively impact the stock in the short term.
Intercontinental Exchange reported a higher than expected earnings per share and met sales estimates for Q2. This positive financial performance could lead to an increase in investor confidence and a potential rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100