From Financial Modeling Prep: 2024-10-31 09:00:03

Intercontinental Exchange (NYSE: ICE) reported Q3 2024 earnings per share (EPS) of $1.55, matching estimates. The company achieved record net revenues of $2.3 billion, a 17% increase year-over-year. Operating income hit a record $1.1 billion, with an adjusted operating margin of 59%.

ICE operates in global financial markets, providing diverse services like trading, clearing, and data solutions. It competes with major exchanges such as CME Group and Nasdaq. The company’s robust performance in Q3 2024 reflects its strong position in the industry.

Key financial metrics for ICE include a price-to-earnings (P/E) ratio of approximately 41.25, indicating investor confidence. The debt-to-equity ratio is around 0.82, showing a moderate debt level. With a current ratio of nearly 0.99, ICE maintains a healthy balance between current assets and liabilities.



Read more at Financial Modeling Prep:: Intercontinental Exchange (NYSE: ICE): A Robust Pe…