Intercontinental Exchange Inc on Thursday reported higher second-quarter earnings as the exchange and clearing house operator worked to integrate its $11 billion purchase of the New York Stock Exchange's parent company.ICE said it had earned $226 million, or $1.95 a share. That compared with $154 million, or $2.09 a share, a year earlier, before it completed the NYSE deal, which diluted per-share earnings.Excluding one-time items such as acquisition costs, ICE earned $2.10 a share, topping the analysts' average estimate by 8 cents, according to Thomson Reuters I/B/E/S.Revenue rose to $750 million from $319 million, helped by higher transaction and clearing fees, and market data and listings revenues. Analysts had expected revenue of $777.01 million.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.62% or $0.23/share to $37.33. In the past year, the shares have traded as low as $32.87 and as high as $38.73. On average, 760531 shares of TRI exchange hands on a given day and today's volume is recorded at 659040.
Thomson Reuters Corporation (Thomson Reuters) is a provider of information for the world?s businesses and professionals. Shares of TRI traded higher by 0.12% or $0.05/share to $40.71. In the past year, the shares have traded as low as $34.52 and as high as $42.10. On average, 607343 shares of TRI.TO exchange hands on a given day and today's volume is recorded at 488651.
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