CME: Q2 Earnings Snapshot – mySA

CHICAGO (AP) _ CME Group Inc. (CME) on Wednesday reported second-quarter profit of $662.5 million.

On a per-share basis, the Chicago-based company said it had net income of $1.82. Earnings, adjusted for one-time gains and costs, were $1.97 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.92 per share.

The parent company of the Chicago Board of Trade and other exchanges posted revenue of $1.24 billion in the period, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $1.25 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CME at https://www.zacks.com/ap/CME

Original News Source