1Q24 Earnings Supplement May 2, 2024 1 CAUTIONARY STATEMENT REGARDING FORWARD LOOKING STATEMENTS This presentation may contain “forward-looking statements” made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements regarding ICE’s business that are not historical facts are forward- looking statements that involve risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in these forward-looking stat ...

财务数据和关键指标变化 - 第一季度调整后营业收入达到930百万美元,接近指引下限,主要得益于计划内的费用协同效应加速以及一些一次性的薪酬成本优惠 [9] - 预计第二季度调整后营业费用将在945-955百万美元区间,主要由于全面实施涨薪、计划投资以及最近与收入相关的数据中心投资上线带来的折旧和摊销增加 [10] - 全年调整后营业费用指引下调至3.79-3.82亿美元,主要由于协同效应提前实现 [11] - 第一季度创纪录的调整后营业利润为14亿美元,同比增长8%,调整后每股收益为1.48美元 [11] - 第一季度自由现金流达到8.77亿美元,公司偿还了约6亿美元债务,调整后财务杠杆率约为3.9倍 [11][12] 各条业务线数据和关键指标变化 交易所业务 - 第一季度净收入创纪录达12亿美元,同比增长11% [13] - 交易收入创纪录达8.66亿美元,同比增长16%,其中利率业务增长12%,能源业务增长32% [13] - 能源业务中,原油业务收入增长28%,天然气业务收入增长42%,环境业务收入增长26% [13][33][34][35] - 截至4月底,全球商品和能源市场的未平仓合约分别增长22%和25% [13] 固定收益和数据服务业务 - 第一季度收入创纪录达5.68亿美元 [16] - 交易收入为1.19亿美元,受企业债券交易增长的推动 [16] - 经常性收入创纪录达4.49亿美元,同比增长4% [16][17] - 固定收益数据和分析业务收入增长4%,主要受益于PRD业务改善和指数业务双位数增长 [17] - 其他数据和网络服务业务增长4%,主要受益于Feeds业务和油气桌面解决方案的强劲表现 [18] 抵押贷款技术业务 - 第一季度收入为4.99亿美元 [20] - 经常性收入为3.9亿美元,受行业整合和原有技术业务续约压力的影响 [21] - 交易收入为1.09亿美元,尽管贷款量略有增加,但被专业服务费和违约管理收入下降所抵消 [22] - 得益于费用协同效应提前实现,该业务分部营业利润增长8% [23] - 全年收入预计持平至低个位数下降,主要受2024年利率预期大幅下调的影响 [24] 各个市场数据和关键指标变化 - 全球期货和期权日均成交量增长16%至810万张,创历史新高,其中商品、能源和期权均创新高 [28] - 截至4月底,全球商品和能源市场的未平仓合约分别增长22%和25% [13] - 原油业务日均成交量增长28%,其他原油和成品油产品日均成交量增长47% [31][32] - TTF天然气和JKM液化天然气基准合约的参与者人数和成交量均创新高 [34][35] - 环境市场的活跃参与者人数和日均成交量分别增长双位数和22% [35] 公司战略和发展方向及行业竞争 - 公司持续投资于能源市场,建立了一个真正的全球性能源交易平台,为客户提供全面的风险管理解决方案 [29][30][32][33][34][35][37] - 公司利用自身的数据分发和基础设施优势,不断拓展固定收益指数业务,被动投资ETF资产规模增长至5,930亿美元 [38][39] - 公司正在将自身在数据收集、清洗和洞察能力,应用于抵押贷款数据分析,提升气候风险透明度 [41] - 公司在抵押贷款业务方面,通过整合前端Encompass和后端MSP系统,为客户提供端到端的数字化解决方案,提升工作效率 [43][44][45][46][47][48][49] 管理层对经营环境和未来前景的评论 - 管理层认为,公司的多元化业务模式使其能在不同的经济环境下保持持续增长 [61][62] - 管理层表示,公司正在积极探索将人工智能技术应用于各业务线,以提升产品和服务能力 [53][54][55][56][57][58][59][60] - 管理层对能源市场的长期增长前景保持乐观,认为行业的数字化转型和可再生能源趋势将为公司带来持续增长机会 [29][30][32][33][34][35][37] - 管理层对抵押贷款业务的长期发展前景充满信心,认为即使在当前不利的宏观环境下,公司仍能通过产品创新和客户拓展实现增长 [43][44][45][46][47][48][49][123][124][125] 问答环节重要的提问和回答 问题1 **Ken Worthington 提问** 提问了天然气市场全球化的进展情况,以及美国政府暂停LNG出口许可对此的影响 [65][66][67] **Benjamin Jackson 回答** 回答称天然气市场全球化趋势仍有很长的增长空间,TTF合约将继续受益。美国政府暂停LNG出口许可只是短期的障碍,不会改变这一趋势 [66][67][68][69][70][71] 问题2 **Benjamin Budish 提问** 提问了抵押贷款业务收入指引下调的原因,以及客户续约情况 [74][75] **Warren Gardiner和Benjamin Jackson回答** 回答称收入指引下调主要是由于利率预期大幅下调,以及客户在续约时选择较低最低承诺的情况,但总体合同价值仍在增加,客户续约率和拓展情况良好 [75][76][77][78][79][80] 问题3 **Chris Allen 提问** 询问了固定收益业务的销售情况和客户重新投资的动力 [101][102] **Christopher Edmonds和Lynn Martin回答** 回答称

For the quarter ended March 2024, IntercontinentalExchange (ICE) reported revenue of $2.29 billion, up 20.8% over the same period last year. EPS came in at $1.48, compared to $1.41 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $2.3 billion, representing a surprise of -0.41%. The company has not delivered EPS surprise, with the consensus EPS estimate being $1.48. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall S ...

IntercontinentalExchange (ICE) came out with quarterly earnings of $1.48 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.41 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this owner of the New York Stock Exchange and other stock markets would post earnings of $1.29 per share when it actually produced earnings of $1.33, delivering a surprise of 3.10%. Over the last four quarters, the company has surpassed con ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-36198 INTERCONTINENTAL EXCHANGE, INC. (Exact name of registrant as specified in its charter) Delaware 46-2286804 (State or other ...

Exhibit 99.1 Intercontinental Exchange Reports Strong First Quarter 2024 · Record 1Q24 net revenues of $2.3 billion, +21% y/y Jeffrey C. Sprecher , ICE Chair & Chief Executive Officer, said, · 1Q24 GAAP diluted earnings per share (EPS) of $1.33, +14% y/y "We are pleased to report strong first quarter results that extend our track record of revenue and earnings per share growth. Our · 1Q24 adj. diluted EPS of $1.48, +5% y/y customers continue to rely on our mission-critical data and technology to manage risk ...

Investors are always looking for stocks that are poised to beat at earnings season and Intercontinental Exchange, Inc. (ICE) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. That is because Intercontinental Exchange is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information ...

The upcoming report from IntercontinentalExchange (ICE) is expected to reveal quarterly earnings of $1.49 per share, indicating an increase of 5.7% compared to the year-ago period. Analysts forecast revenues of $2.3 billion, representing an increase of 21.3% year over year. Over the last 30 days, there has been an upward revision of 1.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts ove ...

Intercontinental Exchange Inc. (ICE) is slated to report first-quarter 2024 earnings on May 2, before market open. ICE delivered an earnings surprise in each of the last four quarters, the average beat being 3.12%. Factors to Note Solid performance at Exchanges, and Fixed Income and Data Services segments is likely to have aided revenues in the to-be-reported quarter. The Zacks Consensus Estimate for revenues is pegged at $2.30 billion, indicating an increase of 21.2% from the year-ago reported number. High ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering IntercontinentalExchange (ICE) , which belongs to the Zacks Securities and Exchanges industry. This owner of the New York Stock Exchange and other stock markets has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 3.69%. For the last reported quarter, ICE ...