ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

CME CME Group Inc

197.01
0.00 (0.00%)
Pre Market
Last Updated: 09:44:43
Delayed by 15 minutes
Share Name Share Symbol Market Type
CME Group Inc NASDAQ:CME NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 197.01 197.25 199.13 108 09:44:43

CME Shares Drop 3.3% After 2Q Revenue Misses Analyst Views

27/07/2022 5:57pm

Dow Jones News


CME (NASDAQ:CME)
Historical Stock Chart


From Jul 2022 to Jul 2024

Click Here for more CME Charts.

By Michael Dabaie

 

CME Group Inc. shares were down 3.3% to $197.02 after the company's quarterly revenue missed analyst expectations.

The derivatives marketplace reported second-quarter revenue of $1.24 billion, up from $1.18 billion a year earlier but short of the FactSet consensus forecast for $1.25 million.

Adjusted earnings per share were $1.97, beating the FactSet consensus for $1.93.

"As global market participants continued to navigate extraordinary economic and geopolitical uncertainties throughout the second quarter, demand for CME Group hedging tools drove our strong earnings and revenue growth, with our equity index, interest rate, foreign exchange and options volumes rising in the U.S. and internationally," Chief Executive Terry Duffy said.

Chief Financial Officer John Pietrowicz said during the company's conference call that the revenue increase was driven by a 25% rise in futures trading activity.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

July 27, 2022 12:42 ET (16:42 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

1 Year CME Chart

1 Year CME Chart

1 Month CME Chart

1 Month CME Chart