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Intercontinentl (ICE) Preview For Upcoming Quarterly Earnings

Robert Weinstein's picture

Intercontinentl (NYSE:ICE) will be releasing last fiscal quarter's results before the opening bell on February 08, 2012. We can review how IntercontinentalExchange has executed for investors recently.
 

IntercontinentalExchange, Inc. operates regulated futures exchanges, clearing houses, and over-the-counter (OTC) markets for commodities and derivative financial products Intercontinentl trades an average of 806,000 shares per day and has a marketcap of $8.3 Billion.

52 Week High: $135.38
52 Week Low:  $102.57
Book Value:      $40.90
Float Short:    &nbsp&nbsp1.97%

On average, 18 analysts are expecting a drop of $-0.19 in earnings per share compared to last quarter's results of $1.87. The number to beat is $1.68 per share based on the estimated mean earnings. Analyst estimates range between $1.60 and $1.72 per share.
The current trailing twelve months P/E ratio is 17.2. The forward P/E ratio is 14.89.
Looking at the price movement over the last month, the stock has moved higher in price 2.26%, with a change from a year ago of -0.53%.
When comparing to the S&P 500, the year to date difference is -5.83%.

The company has rising revenue year-over-year of $1.15 billion for 2010 vs. $994.79 million for 2009. The bottom line has rising earnings year-over-year of $398.30 million for 2010 vs. $315.99 million for 2009.The company's earnings before interest and taxes are rising with an EBIT year-over-year of $652.25 million for 2010 vs. $512.62 million for 2009.
The short interest is relatively low at 1.97%. Be sure to look over the chart below with the short interet in both total shares shorted and number of days to cover short interest based on daily volume. This will give you an idea of the trend.

Here is a look at the fiscal year revenue.
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Here is the last few quarters to get an idea how well they perform compared to estimates
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Reported earnings per share compared to the mean estimate. Differences are rounded.

The total short interest number of shares for ICE
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The number of days to cover short interest based on average daily trading volume for ICE
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Thank you for reading my article. Please also feel free to share your thoughts and comments.

I use a proprietary blend of technical analysis, financial crowd behavior, and fundamentals in my short-term trades, and while not totally the same in longer swing trades to investments, the concepts used are similar. You may want to use this article as a starting point of your own research with your financial planner. I use Seeking Alpha, Edgar Online, and Yahoo Finance for most of my data. I use the confirmed symbols from earnings.com that I believe to be of the most interest.

Robert Weinstein Google+

Tags: 
ICE
Intercontinentl
Earnings Release Date
IntercontinentalExchange (NYSE:ICE) Earnings Preview with Paid2Trade
Date Of Event: 
Wednesday, February 8, 2012