Intercontinental Exchange 4Q Earnings Increase
February 04 2021 - 8:11AM
Dow Jones News
By Allison Prang
Intercontinental Exchange Inc.'s bottom and top lines climbed in
the fourth quarter, the company reported Thursday.
Net income attributable to the New York Stock Exchange operator
rose to $526 million, or 93 cents a share, up from $448 million, or
80 cents a share a year ago. The company said adjusted earnings
were $1.13 a share. According to FactSet, analysts were expecting
$1.08 a share.
Revenue, less transaction-based expenses, was $1.67 billion,
compared with $1.3 billion the comparable quarter a year earlier.
Analysts were expecting $1.63 billion.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
February 04, 2021 07:56 ET (12:56 GMT)
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