Intercontinental Exchange Sees Q3 $1.22B-$1.23B; Adjusted Operating Expenses $955M To $965M
Portfolio Pulse from Benzinga Newsdesk
Intercontinental Exchange (ICE) projects Q3 revenue between $1.22 billion and $1.23 billion, with adjusted operating expenses ranging from $955 million to $965 million.
August 01, 2024 | 11:35 am
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Intercontinental Exchange (ICE) has provided its Q3 financial outlook, projecting revenue between $1.22 billion and $1.23 billion, and adjusted operating expenses between $955 million and $965 million.
The revenue projection of $1.22 billion to $1.23 billion indicates a positive outlook for ICE's financial performance in Q3. The specified range for adjusted operating expenses suggests effective cost management. This news is likely to have a positive short-term impact on ICE's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100