Intercontinental Exchange, Inc.

Intercontinental Exchange Beats on EPS, Stock Up 12.8%

Intercontinental Exchange reported better-than-expected earnings per share for the first quarter of 2009, leading to a significant stock increase of 12.8%. The positive EPS surprise suggests that the company performed well relative to expectations, although no revenue figures were provided. The lack of guidance and management commentary leaves some uncertainty about future performance.