Intercontinental Exchange Inc. (ICE) announced a profit for its second quarter that Increased from last year and beat the Street estimates.
The company's bottom line came in at $851 million, or $1.48 per share. This compares with $632 million, or $1.10 per share, last year.
Excluding items, Intercontinental Exchange Inc. reported adjusted earnings of $1.04 billion or $1.81 per share for the period.
Analysts on average had expected the company to earn $1.77 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 12.8% to $3.26 billion from $2.89 billion last year.
Intercontinental Exchange Inc. earnings at a glance (GAAP) :
-Earnings: $851 Mln. vs. $632 Mln. last year.-EPS: $1.48 vs. $1.10 last year.-Revenue: $3.26 Bln vs. $2.89 Bln last year.
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