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Intercontinental Exchange Inc.

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Successful integration of acquisitions, achievement of cost synergies and reduced debt level well poise Intercontinental Exchange for long term growth. Also, continued strength in its energy franchise, increasing recurring market data revenues and ongoing initiatives should keep growth on track. For 2017, management expects data services revenues to increase at least 6% in constant currency. The company remains on track to return $1.4 billion in capital to shareholders in 2017. However, foreign currency fluctuations and stricter regulations raise concerns. Also, the company estimates fourth-quarter expenses in the range of $475-$485 million with interest expenses to be $50 million for fourth-quarter 2017, respectively. Shares of Intercontinental Exchange have underperformed the industry in a year's time. A Zacks Rank #2 and Earnings ESP of 0.00% make positive surprise prediction difficult as it reports fourth quarter earnings on Feb 7.

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