- CME Group (NASDAQ:CME) Q1 adjusted EPS of $2.33 beats the average analyst estimate of $2.21 as Q1 average daily volume jumped 45% Y/Y, the result of market turmoil caused by the COVID-19 pandemic.
- Compares with $1.62 in the year-ago quarter.
- Q1 total revenue of $1.52B rose 29% Y/Y and exceeds the $1.48B consensus estimate.
- Q1 clearing and transaction fees revenue totaled $1.3B, up 34% Y/Y.
- Total average rate per contract was 67.6 cents, down 6% vs. Q4 2019.
- Q1 market data revenue of $131.5M increased, up 1.0% from $130.1M a year ago.
- CME slips 0.2% in premarket trading.
- Conference call at 8:30 AM ET.
- Previously: CME EPS beats by $0.12, beats on revenue (April 29)