CME Group (CME) Tops Q3 EPS by 3c

CME Group (NASDAQ: CME) reported Q3 EPS of $1.19, $0.03 better than the analyst estimate of $1.16. Revenue for the quarter came in at $891 million versus the consensus estimate of $892.45 million.

"Broad-based strength across our asset classes during the third quarter drove average daily volume up 10 percent, compared to the same quarter last year," said CME Group Chairman and Chief Executive Officer Terry Duffy. "This performance, coupled with expense discipline, resulted in double-digit adjusted earnings per share growth. Our options business was especially strong during the quarter. Total average daily volume in options increased 14 percent, with overall electronic options up 36 percent. We also continued to expand the number of customers we serve worldwide. As a result, quarterly average daily volume from Europe rose more than 20 percent to surpass 3 million contracts for the first time, and record activity from Asia where volume grew 17 percent to nearly 700,000 contracts per day."

For earnings history and earnings-related data on CME Group (CME) click here.

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