Atlanta, Incontinental Exchang, Inc. (ICE), based in Georgia, technology and data for financial institutions, companies and government entities. Its value is estimated at the market roof of $ 103.7 billion, and the company runs organized stock exchanges, home clearing, and lists places to include a set of derivatives contracts, circulation and disinfection. It is expected to announce its financial profits in the second quarter of 2025 before the opening of the market on Thursday, July 31.
Before this event, analysts expect this financial giant to report a profit of $ 1.76 per share, an increase of 15.8 % of $ 1.52 per share in the previous quarter. The company has met or topped the Wall Street profits in each of the last four quarters. In the first quarter, the stock at ICE of $ 1.72 exceeded the expected number by 1.2 %.
For the 2025 fiscal year, analysts expect to report $ 6.98 per share, which represents an increase of 15 % from $ 6.07 per share in the fiscal year 2024. Moreover, the share profitability is expected to grow 10.9 % on an annual basis to $ 7.74 in the fiscal year 2026.
ICE shares have increased by 22.3 % over the past 52 weeks, as the S&P 500 Index ($ SPX) exceeded 13.6 % and SPDR (XLF) by 21.4 % on the same time frame.
ICE shares increased by 1.7 % on May 1, after the strong Q1 profits. The company reported a net revenue of $ 2.5 billion and a quarter of the amended arrow from $ 1.72, both of which exceeded unanimity estimates. Moreover, its higher plan increased by 8 % on an annual basis to the highest standard level, and it is fueled by a strong performance in all sectors that can be reported, with the exchange of the exchange sector with a noticeable increase by 22.4 %. In addition, the improvement of 200 basis in its modified operating margin contributed to a wonderful 16.2 % on a yearly basis in the modified EPS.
Wall Street analysts are very optimistic about ICE shares, with a “strong purchase” classification in general. Of the 18 analysts covering the arrow, 12 “strong purchase” recommends, three “moderate purchase”, and three suggest “Hold”. The average target price for ice is $ 202.12, indicating an increase of 11.8 % of the current levels.
On the date of publication, Neharika Jain did not have positions (either directly or indirectly) in any of the securities mentioned in this article. All information and data in this article are only for media purposes. This article was originally published on Barchart.com