====IntercontinentalExchange (ICE) reported earnings on Tue 1 Nov 2016 (b/o)

IntercontinentalExchange misses by $0.01, reports revs in-line; updates guidance :

• Reports Q3 (Sep) earnings of $3.21 per share, $0.01 worse than the Capital IQ Consensus of $3.22; revenues rose 32.1% year/year to $1.08 bln vs the $1.08 bln Capital IQ Consensus.
• Sees 2016 Data Services Revenue +6-7% y/y on a pro forma basis; 2016 Operating Expenses $1.94-$1.97 billion; 4Q16 Operating Expenses $500-$505 million.
• "We generated $1.5 billion of operating cash flows through September, which enabled us to reduce our debt by $1 billion while growing our dividend compared to 2015, and we resumed our share repurchases in October of 2016. Our strategic approach to investing, ability to consistently generate operating efficiencies and disciplined allocation of capital has allowed us to generate growth in earnings and cash, diversify our business model, and deliver solid returns to our investors."