ICE Reports Loss In Q4; Adj. EPS Tops View - Quick Facts

(RTTNews) - IntercontinentalExchange Group (ICE) posted fourth-quarter 2013 net loss attributable to ICE of $176 million, or $1.83 per share, as against an income of $130 million, or $1.76 per share, a year earlier. In the latest quarter, adjusted earnings per share attributable to ICE common shareholders were $2.00. On average, 17 analysts polled by Thomson Reuters expected earnings per share of $1.95 for the quarter. Analysts' estimates typically exclude one-time items.

ICE completed its acquisition of NYSE Euronext during the quarter on November 13, 2013 and fourth quarter results include nearly seven weeks of combined results.

Quarterly consolidated revenues, less transaction-based expenses, reached $612 million, which included transaction and clearing fee revenues of $503 million, versus the prior-year revenue figure of $324 million. Analysts estimated revenues of $620.19 million for the quarter.

Additionally, ICE declared a quarterly cash dividend of $0.65 per share for the first quarter of 2014 with a record date of March 17, 2014 and a payment date of March 31, 2014. The anticipated ex-dividend date would be March 13, 2014.