Intercontinental Exchange-Intercontinental (ICE) Q1 Earnings Meet Estimates, Revenues Lag

Intercontinental Exchange (ICE) reported first-quarter 2024 adjusted earnings per share of $1.48, in line with the Zacks Consensus Estimate. The bottom line increased about 5% on a year-over-year basis.Intercontinental delivered solid results in all three segments. The performance reflected the strength of a balanced and diversified business as well as the results of the strategic investments it has made.Performance in DetailIntercontinental’s revenues, less transaction-based expenses, were a record$ 2.3 bi ...