(Adds financial details)
NEW YORK Feb 7 Intercontinental Exchange Inc
, which owns the New York Stock Exchange, on Tuesday
reported lower fourth-quarter earnings as higher expenses
outweighed a doubling of data services revenue.
Net income attributable to the exchange and clearing house
operator dropped to $352 million, or 59 cents per share, from
$370 million, or 66 cents per share, a year earlier.
Excluding acquisition-related expenses and other one-time
items, the profit was 71 cents a share, topping the analysts'
average estimate by 2 cents, according to Thomson Reuters
Revenue increased to $1.1 billion from $875 million as data
services revenues rose to $515 million from $257 million.
Operating expenses rose to $580 million from $457 million.
(Reporting by John McCrank; Editing by Lisa Von Ahn)