Intercontinental Exchange Inc
ICE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| %>Y | LOCK|^Nz | LOCK|%&Fg$&%Y |
Intercontinental Exchange Earnings: Strong Trading Volume Drives Revenue Higher
Intercontinental Exchange reported solid first-quarter results, with net revenue increasing 8% from last year to $2.47 billion. Adjusted earnings per share increased 16% to $1.72 as the firm benefited from increased operating leverage against its fixed costs.
