ATLANTA (AP) — ATLANTA (AP) — IntercontinentalExchange Group Inc. (ICE) on Thursday reported first-quarter profit of $767 million.
The Atlanta-based company said it had profit of $1.33 per share. Earnings, adjusted for one-time gains and costs, came to $1.48 per share.
The results met Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was also for earnings of $1.48 per share.
The owner of the New York Stock Exchange and other stock markets posted revenue of $2.8 billion in the period. Its adjusted revenue was $2.29 billion, which missed Street forecasts. Eight analysts surveyed by Zacks expected $2.3 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ICE at https://www.zacks.com/ap/ICE
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