Earnings Alerts

Intercontinental Exchange (ICE) Earnings: December Average Daily Contract Volume Rises by 2% Across Key Sectors

  • Intercontinental Exchange reported a 2% increase in average daily contract volume for December 2024.
  • Energy contracts saw an average daily volume increase of 4% during the same period.
  • The total average daily volume for Natural Gas contracts rose by 7%.
  • Environmentally-focused contracts experienced a notable growth, with a 16% increase in average daily volume.
  • Financials contracts maintained a steady growth with a 2% rise in average daily volume.
  • The company has received 17 buy recommendations, 4 hold recommendations, and no sell recommendations according to recent analyst evaluations.

Intercontinental Exchange on Smartkarma

Analyst Coverage on Intercontinental Exchange

Analysts at Baptista Research on Smartkarma have been closely monitoring Intercontinental Exchange Inc. (ICE) and have provided insightful coverage on the company’s performance and strategic moves.

In their recent reports, such as “Intercontinental Exchange Inc.: Globalization of Energy Markets Driving & Key Factors Driving Our ‘Outperform’ Rating!” and “Intercontinental Exchange (ICE): Enhancing Liquidity & Pricing Engines in Mortgage Markets Is Potentially A Game Changer?”, Baptista Research highlights ICE’s record net revenues of $2.3 billion for the third quarter of 2024 and the positive impact of acquisitions like Black Knight on revenue growth. The analysts express a bullish sentiment on ICE’s performance and future prospects, emphasizing the company’s strong financials and strategic advancements.


A look at Intercontinental Exchange Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Analysts using Smartkarma Smart Scores to assess Intercontinental Exchange have provided a balanced outlook for the company. With a Value score of 3, the company is perceived to offer fair value to investors. The Growth score of 3 indicates a moderate expectation for the company’s future growth potential. Complementing this, the Momentum score of 3 suggests that Intercontinental Exchange is steadily moving in a positive direction. However, the company’s Dividend and Resilience scores of 2 reflect a slightly weaker performance in terms of dividend payouts and resilience to market fluctuations.

Intercontinental Exchange, Inc., known for operating global commodity and financial products marketplaces, offers a wide array of contracts ranging from energy products to soft commodities. With a diversified portfolio that includes crude oil, natural gas, and agricultural commodities like coffee and sugar, the company plays a significant role in the commodities market. Despite some mixed scores in the Smartkarma assessment, Intercontinental Exchange remains an essential player in global financial markets.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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