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Strong quarter at CME Group meets estimates

Apr. 28, 2016 7:30 AM ETCME Group Inc. (CME) StockCMEBy: Stephen Alpher, SA News Editor
  • Q1 adjusted income of $390M or $1.15 per share vs. $329.5M and $0.98 one year ago.
  • Clearing and transaction fees of $796.1M vs. $708.2M a year ago. Market data and information services of $102.4M vs. $98M. Access and communication fees of $21.6M vs. $21.3M.
  • Compensation and benefits of $131.9M down from $141.3M a year ago.
  • Average daily volume of 16.9M contracts vs. 15M in Q1 last year. Average rate per contract of $0.756 vs. $0.753.
  • Conference call at 8:30 ET
  • Previously: CME EPS in-line, misses on revenue (April 28)
  • CME flat premarket

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