IntercontinentalExchange (ICE) is predicted to ship a year-over-year enhance in earnings on greater
IntercontinentalExchange (ICE) is predicted to ship a year-over-year enhance in earnings on greater revenues when it studies outcomes for the quarter ended September 2019. This widely-known consensus outlook provides sense of the corporate’s earnings image, however how the precise outcomes evaluate to those estimates is a strong issue that might influence its near-term inventory worth.
The inventory may transfer greater if these key numbers prime expectations within the upcoming earnings report, which is predicted to be launched on October 31. Alternatively, in the event that they miss, the inventory could transfer decrease.
Whereas the sustainability of the speedy worth change and future earnings expectations will largely rely on administration’s dialogue of enterprise situations on the earnings call, it is price handicapping the chance of a optimistic EPS shock.
Zacks Consensus Estimate
This proprietor of the New York Inventory Trade and different inventory markets is predicted to submit quarterly earnings of $0.95 per share in its upcoming report, which represents a year-over-year change of +11.8%.
…