BUZZ-ICE rises after Q1 profit beat

Reuters
昨天
BUZZ-ICE rises after Q1 profit beat

** Intercontinental Exchange's ICE.N shares up ~1.9% at $171.1

** ICE reports better-than-expected Q1 profit, helped by strong trading volumes in energy and options segments

** Co reports Q1 adjusted earnings per share of $1.72, beating estimates of $1.70 per share, according to data compiled by LSEG

** ICE's revenue from trading in energy-related products jumps 22% to $557 million in first quarter

** 15 of 18 brokerages rate the stock "buy" or higher, three "hold"; their median PT is $186 — LSEG data

** Including session's moves, stock up ~14.8% YTD

(Reporting by Prakhar Srivastava in Bengaluru)

((Prakhar.srivastava2@thomsonreuters.com))

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