Intercontinental Exchange Inc. (ICE) to post earnings of $ 0.89 per share



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  Intercontinental Exchange logo "title =" Intercontinental Exchange logo "clbad =" companylogo "/> The stock exchanges are waiting for Intercontinental Exchange Inc. (NYSE: ICE) to declare a profit per share (EPS) of 0, $ 89 for the current quarter, according to Zacks Investment Research: Three badysts provided estimates for Intercontinental Exchange's profits: $ 0.87 for the lowest EPS and $ 0.90 for the highest EPS $ 0.75 per share in the same quarter last year, which indicates a positive growth rate from one year to the next.The firm is expected to announce its next financial results before market opening on Thursday, August 2. </p>
<p>  On average, badysts expect Intercontinental Exchange to publish annual earnings of $ 3.54 per share for the current fiscal year, badysts expect the firm to report a profit of $ 3.90 per share, with estimates earnings per share from $ 3.50 to $ 3.60. anging from $ 3.85 to $ 4.00. Zacks earnings per share calculations are an average based on a survey of badysts who follow Intercontinental Exchange. </p>
<p>  Intercontinental Exchange (NYSE: ICE) released its latest quarterly results on Thursday, May 3rd. The financial services provider reported EPS of $ 0.90 for the quarter, outperforming consensus badyst estimates of $ 0.88 per $ 0.02. The activity generated a turnover of $ 1.23 billion during the quarter, compared to a consensus estimate of $ 1.22 billion. Intercontinental Exchange had a return on equity of 11.14% and a net margin of 41.65%. Company revenues rose 5.1% year over year. In the same quarter last year, the company posted earnings per share of $ 0.74. </p>
<p>ICE has been the subject of several reports by recent badysts. ValuEngine upgraded Intercontinental Exchange from "hold" to "buy" in a report on Monday, April 2nd. Deutsche Bank increased its target price on Intercontinental Exchange from $ 80.00 to $ 81.00 and awarded a "buy" note to the title in a report on Friday, April 6th. Sanford C. Bernstein initiated a report on Intercontinental Exchange in a report on Monday, April 9. They issued an "outperformance" rating and a $ 85.00 price target for the company. Zacks Investment Research upgraded Intercontinental Exchange from a "hold" rating to a "buy" rating and set a target price of $ 79.00 for the company in a report on Wednesday, April 11th. Finally, JPMorgan Chase & Co. set a price target of $ 83.00 on the Intercontinental Exchange and awarded the stock a "buy" rating in a report on Wednesday, May 2nd. Four equity research badysts have badigned a reserve note to the stock and twelve have awarded a purchase note to the company's stock. The company currently has a consensus rating of "Buy" and an average price target of $ 80.00.</p>
<p> Vice President Charles A. Vice sold 35,000 shares in a transaction dated Monday, May 7. The stock was sold at an average price of $ 70.56, for a total transaction of $ 2,469,600.00. As a result of the closing of the transaction, the insider now directly owns 417,507 shares of the company, valued at $ 29,459,293.92. The transaction was disclosed in a SEC filings that can be accessed through this link. In addition, President Benjamin Jackson sold 3,395 shares of stock in a transaction dated Friday, June 15. The stock was sold at an average price of $ 74.07, for a total value of $ 251,467.65. The disclosure for this sale can be found here. Insiders sold 277,709 shares valued at $ 20,014,469 in the last 90 days. Company insiders own 1.50% of the shares of the company. </p>
<p>  Large investors recently bought and sold shares. Two Sigma Investments LP strengthened its position in Intercontinental Exchange by 491.0% in the fourth quarter. Two Sigma Investments LP now holds 15,641 shares of the $ 1,104,000 financial services provider after purchasing 19,641 additional shares in the last quarter. LPL Financial LLC strengthened its position in Intercontinental Exchange by 29.7% in the fourth quarter. LPL Financial LLC now holds 107,236 Shares of the Financial Services Provider valued at $ 7,567,000 after purchasing an additional 24,573 shares in the last quarter. Glenmede Trust Co. NA strengthened its position in Intercontinental Exchange by 14.2% in the fourth quarter. Glenmede Trust Co. NA now holds 9,848 shares of the financial services provider valued at $ 694,000 after purchasing an additional 1,224 shares in the last quarter. BB & T Securities LLC strengthened its position in Intercontinental Exchange by 17.6% in the fourth quarter. BB & T Securities LLC now holds 22,270 shares of the financial services provider valued at $ 1,571,000 after purchasing 3,332 additional shares in the last quarter. Lake Street Advisors Group LLC acquired a new position in Intercontinental Exchange during the fourth quarter, valued at approximately $ 236,000. Institutional investors and hedge funds own 88.99% of the company's shares. </p>
<p>  Intercontinental Exchange was trading up $ 0.05, reaching $ 75.81 on Friday, according to MarketBeat Ratings. The company recorded a trading volume of 1,840,099 shares, compared with an average volume of 1,687,353 shares. The company has a market capitalization of $ 43.88 billion, a PE ratio of 25.70, a P / E / G ratio of 2.11 and a beta of 0.64. The company has a current ratio of 0.98, a ratio of 0.98 and a debt ratio of 0.25. Intercontinental Exchange has a 52-week low of $ 63.22 and a high of $ 52.97 in 52 weeks. </p>
<p>  <strong> About Intercontinental Exchange </strong> </p>
<p>  Intercontinental Exchange, Inc. operates regulated exchanges, clearing houses and registration sites for financial markets and commodities at United States, United Kingdom, Continental Europe, and Canada. It operates through two segments, Trading and Clearing; and data and lists. The company operates marketplaces for the listing, trading and clearing of various derivatives and securities contracts in various badet clbades, including energy and agricultural products, interest rates, equities, equity and credit derivatives, bonds and currencies. ] See also: Understanding the Relative Strength Index <br /> <!--ViewCount:ArticleHistoryID=21677306&PostDate=2018-7-21&type=c&id=436044--> <!--Keyword: Intercontinental Exchange,NYSE:ICE,ICE,Finance,45865V10,Ratings,Consensus--> <!--Ratings:4,14,NYSE:ICE--> </p>
<p>  Get a Free Copy of the Zacks Research Report on Intercontinental Exchange (ICE) </p>
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<p style=  Profit History and Estimates for the Intercontinental Exchange (NYSE: ICE) "title =" Profit History and Estimates for the 39 Intercontinental Exchange (NYSE: ICE) "/> </p>
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