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Tuesday, February 7, 2017

=IntercontinentalExchange (ICE) reported earnings on Tue 7 Feb 2017 (b/o)



 IntercontinentalExchange beats by $0.02, reports revs in-line; co raises dividend 18% y/y; expects share repurchases of $200 mln in Q1 2017 :
  • Reports Q4 (Dec) earnings of $0.71 per share, excluding non-recurring items, $0.02 better than the Capital IQ Consensus of $0.69; revenues rose 30.1% year/year to $1.14 bln vs the $1.14 bln Capital IQ Consensus
    • Amidst a volatile and dynamic environment, we delivered our eleventh consecutive year of record revenue," said ICE Chairman and CEO Jeffrey C. Sprecher. "Despite the challenges of market volatility driven by geopolitics, we achieved our objectives by working closely with our customers across trading, risk management and data to again deliver strong revenue growth, margin expansion and double-digit profit increases
  • Co sees 2017 data services revenue growing at least 6% in constant currency

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