CME Group Inc. (CME) Q2 2023 Earnings Call Transcript

Jul. 26, 2023 12:42 PM ETCME Group Inc. (CME) StockCME
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Q2: 2023-07-26 Earnings Summary

EPS of $2.30 beats by $0.11
 | Revenue of $1.36B (9.94% Y/Y) beats by $16.20M

CME Group Inc. (NASDAQ:CME) Q2 2023 Earnings Conference Call July 26, 2023 8:30 AM ET

Company Participants

Adam Minick - Senior Director, IR
Terrence Duffy - Chairman & CEO
Lynne Fitzpatrick - CFO
Tim McCourt - Senior Managing Director and Global Head, Equity & FX Products
Derek Sammann - Senior Managing Director and Global Head, Commodities, Options & International Markets
Julie Winkler - Chief Commercial Officer
Sunil Cutinho - Chief Information Officer

Conference Call Participants

Benjamin Budish - Barclays
Dan Fannon - Jefferies
Kyle Voigt - KBW
Simon Clinch - Atlantic Equities
Alexander Kramm - UBS
Brian Bedell - Deutsche Bank
Craig Siegenthaler - Bank of America
Owen Lau - Oppenheimer
Ken Worthington - JPMorgan
Michael Cyprys - Morgan Stanley
Patrick Mally - Piper Sandler
Chris Allen - Citi
Andrew Bond - Rosenblat Securities

Operator

Greetings and welcome to the CME Group Second Quarter 2023 Earnings Conference Call. During this presentation, participants are in a listen-only mode. Afterwards, we will conduct a question-and-answer session. [Operator Instructions]

It's my pleasure to turn the conference over to Adam Minick. Please go ahead.

Adam Minick

Good morning. I hope you're all doing well today. We will be discussing CME Group's second quarter 2023 financial results. I'll start with the Safe Harbor language, then I'll turn it over to Terry.

Statements made on this call and in the other reference documents on our website that are not historical facts are forward-looking statements. These statements are not guarantees of future performance. They involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied in any statements. Detailed information about factors that may affect our performance can be found in the filings with the SEC, which are on our website. Lastly, on the final page of the earnings release, you will see a

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