CME Group Inc (CME) reported quarterly earnings results on Thursday, Jul-28-2016. The company said it had a profit of $1.14 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $1.11. The company posted revenue of $906.40 million in the period, compared to analysts expectations of $910.92 million. The company’s revenue was up 10.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.95 EPS.
Many Wall Street Analysts have commented on CME Group Inc. Sterne Agee CRT Initiated CME Group Inc on May 20, 2016 to “Neutral”, Price Target of the shares are set at $90.
CME Group Inc closed down -0.78 points or -0.76% at $101.94 with 14,74,345 shares getting traded on Thursday. Post opening the session at $101.5, the shares hit an intraday low of $100.5575 and an intraday high of $102.21 and the price fluctuated in this range throughout the day.Shares ended Thursday session in Red.
In a different news, on Jul 19, 2016, James E Oliff (director) sold 1,000 shares at $102.30 per share price. According to the SEC, on Jul 1, 2016, Kimberly S Taylor (Sr MD Pres Gl Ops Tech & Risk) sold 2,300 shares at $96.55 per share price. On Jun 30, 2016, Phupinder Gill (CEO) sold 31,120 shares at $93.14 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.