CME Group (CME) Tops Q2 EPS by 2c

CME Group (NASDAQ: CME) reported Q2 EPS of $1.74, $0.02 better than the analyst estimate of $1.72. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.05 billion.

"With double-digit growth in five of our six asset classes, Q2 2018 was our second best quarter ever in average daily volume, following record performance in the first quarter of 2018," said CME Group Chairman and Chief Executive Officer Terry Duffy. "We continued to see strong global growth as our trading volume increased 30 percent in Asia and 9 percent in Europe. Total revenue grew 15 percent and, along with our continued focus on expense discipline, resulted in margin expansion and an adjusted earnings per share increase of more than 40 percent."

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

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