What to Expect From Intercontinental Exchange's Next Quarterly Earnings Report

Atlanta-based Intercontinental Exchange, Inc. (ICE) is a leading provider of market infrastructure, data services, and technology solutions for financial institutions, corporations, and government entities. With a market cap of $85.4 billion, Intercontinental Exchange operates through Exchanges, Fixed Income and Data Services, and Mortgage Technology segments. It is expected to announce its Q2 earnings before the market opens on Thursday, August 1.

Ahead of the event, analysts expect Intercontinental Exchange to report a profit of $1.48 per share, up 3.5% from $1.43 per share reported in the year-ago quarter. The company has matched or beat Wall Street’s EPS projections in all of the past four quarters. Its EPS for the last reported quarter grew 5% year over year to $1.48, which aligned with the projections.