tiprankstipranks
Trending News
More News >

CME Group reports Q1 EPS $2.62, consensus $2.81

Reports Q1 revenue $1.64B, consensus $1.66B. “Amid heightened economic uncertainty, CME Group (CME) operated with exceptional resilience as clients turned to our markets in record numbers to hedge business risks across asset classes,” said Terry Duffy, CME Group Chairman and CEO. “This increased demand drove our Q1 ADV to a new high of 29.8M contracts and generated record revenue, adjusted operating income, adjusted net income and adjusted EPS for the quarter. Commodities grew 19%, financials increased 12%, and our ADV outside the U.S. reached a new high of 8.8M contracts, up 19% year over year. Looking ahead, we remain focused on providing the products, services and efficiencies to benefit market participants as they navigate this risk-always-on environment.”

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue