Intercontinental Exchange Inc
ICE: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|xc | LOCK|<%X | LOCK|^C$t%TH |
Intercontinental Exchange Earnings: Net Income Surges on High Trading Volume and Volatile Markets
Intercontinental Exchange reported very strong first-quarter earnings, thanks to record-breaking trading volume in the firm's futures business. Net revenue rose 20% from last year to $3 billion, while adjusted diluted earnings per share increased 37% to $2.35.
