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IntercontinentalExchange Q3 Profit Rises - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

IntercontinentalExchange, Inc. (ICE) reported third quarter net income attributable to IntercontinentalExchange of $87.45 million or $1.18 per share, compared to $74.96 million or $1.04 per share last year.

On average, 18 analysts polled by Thomson Reuters expected the company to report earnings of $1.15 per share. Analysts' estimates typically exclude special items.

Total revenues grew to $256.26 million from $201.44 million in the same quarter last year.

Fifteen analysts estimated revenues of $255.56 million.

ICE had 821 employees as of September 30, 2009. By the end of the year, headcount is expected to increase 1% to 2% as certain contractors transition to full time status at TCC. This guidance excludes any personnel additions relating to merger and acquisition activity in the remainder of 2009.

Further, ICE's diluted share count for the fourth quarter of 2009 is expected to be in the range of 74.2 million to 74.8 million weighted average shares outstanding, and the diluted share count for fiscal year 2009 is expected to be in the range of 73.6 million to 74.6 million weighted average shares outstanding.

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