CME Group Inc (CME) reported quarterly earnings results on Thursday, Apr-28-2016. The company reported $1.15 EPS for the quarter. Analysts had a consensus estimate of $1.15. The company posted revenue of $934.00 million in the period, compared to analysts expectations of $942.88 million. The company’s revenue was up 10.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.98 EPS.
Many Wall Street Analysts have commented on CME Group Inc. Company shares were Reiterated by RBC Capital Mkts on Feb 8, 2016 to “Underperform”, Firm has raised the Price Target to $ 86 from a previous price target of $83 .
CME Group Inc opened for trading at $93.86 and hit $94.83 on the upside on Wednesday, eventually ending the session at $94.46, with a gain of 0.36% or 0.34 points. The heightened volatility saw the trading volume jump to 16,19,005 shares. Company has a market cap of $31,967 M.
In a different news, on Mar 15, 2016, Kevin Kometer (Sr MD Chief InformationOfficer) sold 500 shares at $93.93 per share price. According to the SEC, on Mar 10, 2016, Terrence A Duffy (Executive Chairman & President) sold 15,340 shares at $93.51 per share price. On Mar 7, 2016, Hilda Harris Piell (Sr MD & Chief HR Officer) sold 252 shares at $95.00 per share price, according to the Form-4 filing with the securities and exchange commission.
CME Group Inc.is the holding company for Chicago Mercantile Exchange Inc. CBOT New York Mercantile Exchange Inc. (NYMEX) Commodity Exchange Inc. (COMEX) and their respective subsidiaries as well as CME Clearing Europe Limited (CMECE) and CME Europe Limited (CME Europe). The Company also clear futures options on futures and swaps contracts through its two clearing organizations: CME Clearing which is a division of CME and CMECE. The Company offers its customers the opportunity to trade futures contracts and options on futures contracts on a range of products including those -based on interest rates equities foreign exchange agricultural commodities energy and metals. It also clear swaps contracts on a range of products including those -based on interest rates credit default foreign exchange agricultural commodities energy and metals. Its exchange consists of designated contract markets for the trading of futures and options on futures contracts.