Analysts Expect Profit Growth from These 2 Companies Wednesday

IntercontinentalExchange, Inc. (NYSE:ICE) will unveil its latest earnings on Wednesday, February 8, 2012. The average estimate of analysts is for profit of $1.68 per share, a rise of 24.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $1.72. Between one and three months ago, the average estimate was unchanged. It has since dropped over the last month. Analysts are projecting profit to rise by 24.1% versus last year to $7.01.

The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 10 cents, reporting net income of $1.87 per share against a mean estimate of profit of $1.77 per share. On average, analysts predict $325.9 million in revenue this quarter, a rise of 14.4% from the year ago quarter. Analysts are forecasting total revenue of $1.33 billion for the year, a rise of 15.7% from last year’s revenue of $1.15 billion.

Competitors to Watch: NYSE Euronext (NYSE:NYX), NASDAQ OMX Group, Inc. (NASDAQ:NDAQ), CME Group Inc. (NASDAQ:CME), CBOE Holdings, Inc (NASDAQ:CBOE), MarketAxess Holdings Inc. (NASDAQ:MKTX), Forestar Group Inc. (NYSE:FOR), Bank of America Corp. (NYSE:BAC), BGC Partners, Inc. (NASDAQ:BGCP), and Thomson Reuters Corp. (NYSE:TRI).

Kimco Realty Corp (NYSE:KIM) will unveil its latest earnings on Wednesday, February 8, 2012. The average estimate of analysts is for net income of 30 cents per share, a rise of 3.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 31 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 30 cents during the last month. For the year, analysts are projecting profit of $1.19 per share, a rise of 5.3% from last year.

The company met estimates last quarter after beating the forecasts in the prior two. In the third quarter, the company reported net income of 30 cents per share versus a mean estimate of profit of 30 cents per share. In the second quarter, the company beat estimates by 0 cents. Analysts are projecting a rise of 2.6% in revenue from the year-earlier quarter to $220.8 million.

Competitors to Watch: Equity One, Inc. (NYSE:EQY), Glimcher Realty Trust (NYSE:GRT), Inland Real Estate Corp. (NYSE:IRC), Urstadt Biddle Properties Inc. (NYSE:UBA), Cedar Shopping Centers Inc (NYSE:CDR), Agree Realty Corporation (NYSE:ADC), The Macerich Company (NYSE:MAC), Ramco-Gershenson Properties Trust (NYSE:RPT), Realty Income Corp (NYSE:O), and Tanger Factory Outlet Centers Inc. (NYSE:SKT).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com