IntercontinentalExchange Group Inc. Q1 Profit Increases, Inline With Estimates

(RTTNews) - IntercontinentalExchange Group Inc. (ICE) revealed a profit for its first quarter that increased from the same period last year in line with the Street estimates.

The company's earnings totaled $767 million, or $1.33 per share. This compares with $655 million, or $1.17 per share, in last year's first quarter.

Excluding items, IntercontinentalExchange Group Inc. reported adjusted earnings of $852 million or $1.48 per share for the period.

Analysts on average had expected the company to earn $1.48 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 13.4% to $2.80 billion from $2.47 billion last year.

IntercontinentalExchange Group Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $767 Mln. vs. $655 Mln. last year. -EPS (Q1): $1.33 vs. $1.17 last year. -Revenue (Q1): $2.80 Bln vs. $2.47 Bln last year.