For the quarter ended June 2024, IntercontinentalExchange (ICE Quick QuoteICE - Free Report) reported revenue of $2.32 billion, up 22.7% over the same period last year. EPS came in at $1.52, compared to $1.43 in the year-ago quarter.

The reported revenue represents a surprise of +0.28% over the Zacks Consensus Estimate of $2.31 billion. With the consensus EPS estimate being $1.49, the EPS surprise was +2.01%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how ICE performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Revenues- Mortgage Technology Segment

  : $506 million compared to the $509.53 million average estimate based on seven analysts. The reported number represents a change of +103.2% year over year.

• Revenues- Fixed Income and Data Services Segment

  : $565 million versus $566.08 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +3.5% change.

• Revenues- Exchanges Segment (less transaction-based)

  : $1.25 billion compared to the $1.22 billion average estimate based on seven analysts. The reported number represents a change of +14% year over year.

• Revenues- Fixed Income and Data Services Segment- Fixed income data and analytics

  : $293 million versus the six-analyst average estimate of $288.39 million. The reported number represents a year-over-year change of +5.8%.

• Revenues- Fixed Income and Data Services Segment- Other data and network services

  : $164 million versus $164.80 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +4.5% change.

• Revenues- Mortgage Technology Segment- Origination technology

  : $180 million versus $178.87 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +5.9% change.

• Revenues- Mortgage Technology Segment- Closing solutions

  : $52 million versus $45.52 million estimated by six analysts on average. Compared to the year-ago quarter, this number represents a +10.6% change.

• Revenues- Mortgage Technology Segment- Data and analytics

  : $62 million compared to the $68.76 million average estimate based on six analysts. The reported number represents a change of +158.3% year over year.

• Revenues- Mortgage Technology Segment- Servicing software

  : $212 million versus $212.82 million estimated by six analysts on average.

• Revenues- Fixed Income and Data Services Segment- CDS clearing

  : $78 million compared to the $84.23 million average estimate based on six analysts. The reported number represents a change of -7.1% year over year.

• Revenues- Exchanges Segment- Data and connectivity services

  : $240 million versus the six-analyst average estimate of $238.69 million. The reported number represents a year-over-year change of +3.9%.

• Revenues- Exchanges Segment- Listings

  : $122 million versus the six-analyst average estimate of $122.66 million. The reported number represents a year-over-year change of -3.2%.

View all Key Company Metrics for ICE here>>>

Shares of ICE have returned +7.4% over the past month versus the Zacks S&P 500 composite's +1.1% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.