24.04.2024 13:05:19 - dpa-AFX: CME Group, Inc. Q1 Profit Decreases, but beats estimates
WASHINGTON (dpa-AFX) - CME Group, Inc. (CME) reported a profit for first
quarter that decreased from last year but beat the Street estimates.
The company's earnings totaled $844.4 million, or $2.35 per share. This
compares with $872.7 million, or $2.43 per share, in last year's first quarter.
Excluding items, CME Group, Inc. reported adjusted earnings of $899.7 million or
$2.50 per share for the period.
Analysts on average had expected the company to earn $2.45 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.
The company's revenue for the quarter rose 3.5% to $1.49 billion from $1.44
billion last year.
CME Group, Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $844.4 Mln. vs. $872.7 Mln. last year.
-EPS (Q1): $2.35 vs. $2.43 last year.
-Revenue (Q1): $1.49 Bln vs. $1.44 Bln last year.
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX