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Atlanta-based Intercontinental Exchange, Inc. (ICE) engages in the provision of market infrastructure, data services, and technology solutions for institutions, corporations, and government entities. With a market cap of $90.9 billion, ICE operates through Exchanges, Fixed Income and Data Services, and Mortgage Technology segments.
The financial giant is gearing up to announce its third-quarter earnings before the markets open on Thursday, Oct. 30. Ahead of the event, analysts expect ICE to report an adjusted EPS of $1.64, up 5.8% from $1.55 reported in the year-ago quarter. Moreover, the company has a robust earnings surprise history. It has met or surpassed the Street’s bottom-line estimates in each of the past four quarters.