Intercontinental Exchange Ahead of Earnings

Published on Tuesday, 03 August 2010 10:39 Written by Christian Paolinetti

New York, August 3rd (TradersHuddle.com) - Shares of Intercontinental Exchange Inc. (NYSE:ICE) are trading lower by -1.14% ahead of its quarterly earnings release. Intercontinental Exchange, the global operator of commodity marketplaces is expected to release its quarterly results on August 4^th.

Wall Street Analysts consensus calls for a profit of $1.41 a share on $293.63 million revenue.

Intercontinental Exchange estimates have a range of $0.19 a share. The high estimate calls for profit of $1.49 a share and the low estimate is calling for a profit of $1.3 a share, a year ago for the quarter the company reported $1.12 a share.

Intercontinental Exchange Inc. (NYSE:ICE) operates global commodity and financial products marketplaces. The Company operates electronic energy markets and soft commodity exchanges as well. ICE offers access to contracts based on crude oil and refined products, natural gas, power and emissions, as well as agricultural commodities.