NYSE-Owner ICE’s Quarterly Profits Top Expectations, Shares Hit Record

A screen displays the logo and ticker symbol for Intercontinental Exchange, Inc. on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., on Nov. 3, 2016. Brendan McDermid/Reuters

NEW YORK—Intercontinental Exchange Inc on Thursday reported a quarterly profit that topped Wall Street expectations, helped by strong gains in its mortgage technology business and robust demand for its interest rate and energy hedging products.

The New York Stock Exchange owner earned $1.30 per share in the quarter ended Sept. 30, 8 cents above the consensus estimate of analysts, according to IBES data from Refinitiv.