IntercontinentalExchange Group Inc. Q1 adjusted earnings Beat Estimates

(RTTNews) - IntercontinentalExchange Group Inc. (ICE) revealed earnings for its first quarter that advanced from last year.

The company's profit totaled $484 million, or $0.85 per share. This compares with $464 million, or $0.79 per share, in last year's first quarter.

Excluding items, IntercontinentalExchange Group Inc. reported adjusted earnings of $527 million or $0.92 per share for the period.

Analysts had expected the company to earn $0.90 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

Revenue held steady at $1.58 billion

IntercontinentalExchange Group Inc. earnings at a glance:

-Earnings (Q1): $527 Mln. vs. $525 Mln. last year. -EPS (Q1): $0.92 vs. $0.90 last year. -Analysts Estimate: $0.90 -Revenue (Q1): $1.58 Bln vs. $1.58 Bln last year.

-Guidance: Next quarter revenue guidance: $550 - $555 Mln

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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