CME Group's Revenue Beats Analysts Consensus
February 14 2019 - 6:48AM
Dow Jones News
By Allison Prang
Profit decreased at CME Group Inc. (CME) in the fourth quarter.
The company's comparable results a year earlier included a $2.36
billion income tax benefit.
CME reported net income of $385.5 million, down 87% from the
comparable quarter a year prior. The company said earnings were
$1.09 a share, down from $8.63 a share. Analysts polled by
Refinitiv were expecting $1.65 a share.
CME said adjusted earnings were $1.77 a share, up from $1.12 a
share. Analysts were expecting $1.72 a share.
Revenue increased 37% to $1.24 billion. Analysts were expecting
$1.2 billion.
Write to Allison Prang at allison.prang@wsj.com
(END) Dow Jones Newswires
February 14, 2019 07:33 ET (12:33 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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