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UPDATE: IntercontinentalExchange Posts Upbeat Q4 Profit

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IntercontinentalExchange Group (NYSE: ICE) posted a loss in the fourth quarter.

IntercontinentalExchange swung to a quarterly loss of $176 million, or $1.83 per share, versus a year-ago profit of $130 million, or $1.76 per share. Excluding one-time items, its earnings came in at $2 per share.

Its adjusted revenue came in at $612 million. However, analysts were estimating earnings of $1.95 per share on revenue of $620 million.

IntercontinentalExchange shares closed at $212.11 yesterday.

Posted-In: lossEarnings News

 

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