IntercontinentalExchange beats by $0.02, beats on revs; Increases dividend 15%
- Reports Q4 (Dec) earnings of $0.94 per share, excluding non-recurring items, $0.02 better than the S&P Capital IQ Consensus of $0.92; revenues rose 14.1% year/year to $1.31 bln vs the $1.29 bln S&P Capital IQ Consensus.
- Outlook
- 2019 Data Revenue $2.19-2.24 bln ($2.115 bln in 2018)
- Q1 Data Revenue $540-545 mln ($539 mln in Q4)
- Announced board authorization of its first quarter 2019 dividend of $0.275 per share, up 15% from its previous $0.24 per share quarterly dividend in 2018.
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