IntercontinentalExchange, Inc. Second Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component IntercontinentalExchange, Inc. (NYSE:ICE) will unveil its latest earnings on Wednesday, August 3, 2011. IntercontinentalExchange, Inc. operates the electronic futures and OTC marketplace for the trading of energy, soft agricultural commodities, credit default swaps and other financial products.

IntercontinentalExchange, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of $1.66 per share, a rise of 9.9% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $1.64. Between one and three months ago, the average estimate moved down, but has risen from $1.60 during the last month. For the year, analysts are projecting net income of $6.70 per share, a rise of 18.6% from last year.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 9 cents, reporting profit of $1.77 per share against a mean estimate of net income of $1.68 per share.

Get more Earnings Cheat Sheets with our in depth coverage of earnings season >>

Wall St. Revenue Expectations: On average, analysts predict $322.5 million in revenue this quarter, a rise of 8.9% from the year ago quarter. Analysts are forecasting total revenue of $1.3 billion for the year, a rise of 13% from last year’s revenue of $1.15 billion.

Analyst Ratings: Analysts are bullish on this stock with 15 analysts rating it as a buy, one rating it as a sell and four rating it as a hold.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 15%, with the biggest boost coming in the most recent quarter when revenue rose 18.7% from the year earlier quarter.

The company has now seen net income rise in three straight quarters. In the first quarter, net income rose 27.4% while it rose 17.7% in the fourth quarter of the last fiscal year and 10.1% in the third quarter of the last fiscal year.

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).

Stock Price Performance: During May 3, 2011 to July 28, 2011, the stock price had risen $7.15 (6.1%) from $116.45 to $123.60. The stock price saw one of its best stretches over the last year between August 30, 2010 and September 13, 2010 when shares rose for 10-straight days, rising 13.6% (+$12.82) over that span. It saw one of its worst periods between March 7, 2011 and March 15, 2011 when shares fell for seven-straight days, falling 8.5% (-$11.39) over that span. Shares are up $4.45 (+3.7%) year to date.

(Source: Xignite Financials)

Get more Earnings Cheat Sheets with our in depth coverage of earnings season >>