CME Group (CME) Tops Q4 EPS by 12c
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CME Group (NASDAQ: CME) reported Q4 EPS of $1.77, $0.12 better than the analyst estimate of $1.65. Revenue for the quarter came in at $1.2 billion versus the consensus estimate of $1.11 billion.
"During the fourth quarter, elevated volatility and increased customer demand for our diverse risk management products resulted in strong trading volumes, exceeding 20 million contracts per day," said CME Group Chairman and Chief Executive Officer Terry Duffy. "We set annual average daily volume records in four of our six asset classes as well as in total options and demonstrated solid expense control during 2018. In November, we completed the NEX acquisition, which positions us to launch innovative new products to an expanding global customer base across futures, options, cash and OTC markets. Looking ahead to 2019, we're extremely focused on the continued integration of these two great companies, and expect to unlock additional value for our customers and shareholders."
For earnings history and earnings-related data on CME Group (CME) click here.
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