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CME Group’s Estimates Boosted at BMO Capital (CME)
10/5/2011 8:56:00 AM
Futures exchange operator CME Group Inc. ( CME ) on Wednesday saw its earnings estimates raised by analysts at BMO Capital Markets.
The firm said it maintained its "Outperform" rating on CME and increased its earnings estimates through 2012. BMO cited solid monthly results and positive guidance reported at the company's analyst day for the more positive view.
CME Group shares, which have fallen more than 21% year-to-date, were unchanged in premarket trading Wednesday.
The Bottom Line
CME Group Inc. ( CME ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.