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ICE (ICE) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

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For the quarter ended June 2025, IntercontinentalExchange (ICE - Free Report) reported revenue of $2.54 billion, up 9.8% over the same period last year. EPS came in at $1.81, compared to $1.52 in the year-ago quarter.

The reported revenue represents a surprise of +0.71% over the Zacks Consensus Estimate of $2.53 billion. With the consensus EPS estimate being $1.77, the EPS surprise was +2.26%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how ICE performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Revenues- Mortgage Technology Segment: $531 million compared to the $535.23 million average estimate based on seven analysts. The reported number represents a change of +4.9% year over year.
  • Revenues- Exchanges Segment (less transaction-based): $1.1 billion versus $1.39 billion estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a -12% change.
  • Revenues- Fixed Income and Data Services Segment: $597 million versus the seven-analyst average estimate of $595.14 million. The reported number represents a year-over-year change of +5.7%.
  • Revenues- Fixed Income and Data Services Segment- Fixed income execution: $32 million compared to the $32.93 million average estimate based on six analysts. The reported number represents a change of +6.7% year over year.
  • Revenues- Mortgage Technology Segment- Servicing software: $220 million versus the six-analyst average estimate of $225.01 million. The reported number represents a year-over-year change of +3.8%.
  • Revenues- Mortgage Technology Segment- Data and analytics: $66 million versus the six-analyst average estimate of $67.43 million. The reported number represents a year-over-year change of +6.5%.
  • Revenues- Mortgage Technology Segment- Closing solutions: $58 million versus $52.42 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +11.5% change.
  • Revenues- Mortgage Technology Segment- Origination technology: $187 million versus the six-analyst average estimate of $185.57 million. The reported number represents a year-over-year change of +3.9%.
  • Revenues- Exchanges Segment- Energy: $595 million versus the six-analyst average estimate of $580.18 million. The reported number represents a year-over-year change of +26.9%.
  • Revenues- Exchanges Segment- Ags and Metals: $65 million versus $64.74 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a -8.5% change.
  • Revenues- Exchanges Segment- Financials: $158 million versus the six-analyst average estimate of $156.72 million. The reported number represents a year-over-year change of +19.7%.
  • Revenues- Exchanges Segment- Cash equities and equity options: $123 million compared to the $119.39 million average estimate based on six analysts. The reported number represents a change of +10.8% year over year.

View all Key Company Metrics for ICE here>>>

Shares of ICE have returned +2.2% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

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