Investing.com - ICE (NYSE:ICE) reported third quarter earnings that beat analysts' expectations on Thursday and revenue that topped forecasts.
The firm reported earnings per share of $1.06 on revenue of $1.34B. Analysts polled by Investing.com expected EPS of $0.96 on revenue of $1.32B. That compared to EPS of $0.85 on revenue of $1.2B in the same period a year earlier. The company had reported EPS of $0.94 on revenue of $1.3B in the previous quarter.
For the year, ICE shares are up 23.7%, outperforming the S&P 500 which is up 23% year to date.
ICE follows other major Financial sector earnings this month
On Tuesday, October 15, 2019, JPMorgan reported third quarter EPS of $2.68 on revenue of $30.06B, compared to forecasts of EPS of $2.45 on revenue of $28.47B.
Bank of America earnings beat analyst's expectations on Wednesday, October 16, 2019, with third quarter EPS of $0.56 on revenue of $22.8B. Investing.com analysts expected EPS of $0.54 on revenue of $22.58B
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