25.10.2023 13:06:41
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CME Group, Inc. Q3 Profit Increases, beats estimates
(RTTNews) - CME Group, Inc. (CME) revealed earnings for its third quarter that increased from the same period last year and beat the Street estimates.
The company's earnings totaled $740.8 million, or $2.06 per share. This compares with $671.1 million, or $1.87 per share, in last year's third quarter.
Excluding items, CME Group, Inc. reported adjusted earnings of $807.8 million or $2.25 per share for the period.
Analysts on average had expected the company to earn $2.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 8.9% to $1.34 billion from $1.23 billion last year.
CME Group, Inc. earnings at a glance (GAAP) :
-Earnings (Q3): $740.8 Mln. vs. $671.1 Mln. last year. -EPS (Q3): $2.06 vs. $1.87 last year. -Analyst Estimate: $2.22 -Revenue (Q3): $1.34 Bln vs. $1.23 Bln last year.
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