CME Group, Inc. Q3 Profit Increases, Beats Estimates

October 23, 2024 — 07:09 am EDT

Written by RTTNews.com for RTTNews

(RTTNews) - CME Group, Inc. (CME) announced a profit for its third quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $901.3 million, or $2.50 per share. This compares with $740.8 million, or $2.06 per share, in last year's third quarter.

Excluding items, CME Group, Inc. reported adjusted earnings of $977.0 million or $2.68 per share for the period.

Analysts on average had expected the company to earn $2.65 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 18.5% to $1.584 billion from $1.337 billion last year.

CME Group, Inc. earnings at a glance (GAAP) :

-Earnings (Q3): $901.3 Mln. vs. $740.8 Mln. last year. -EPS (Q3): $2.50 vs. $2.06 last year. -Revenue (Q3): $1.584 Bln vs. $1.337 Bln last year.

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CME Group, Inc. Q3 Profit Increases, Beats Estimates

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