earnings
confidence high
sentiment neutral
materiality 0.75
ICE reports 3Q22 adjusted EPS $1.31, net revenues $1.8B (+1% YoY); GAAP loss $0.34 due to Bakkt
Intercontinental Exchange, Inc.
2022-Q3 EPS reported
$1.82
revenue$7,259,000,000
- Net revenues $1.8B (+1% YoY, +3% constant currency); GAAP net loss $191M ($0.34 loss per share) due to Bakkt losses.
- Adjusted diluted EPS $1.31; adjusted net income $733M.
- Operating income +4% YoY; operating margin 50% (+164 bps); adjusted margin 60% (+176 bps).
- CEO Jeffrey Sprecher: strong results reflect 'all weather' business model amid macro uncertainty.