Investing.com - CME Group reported on Wednesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
CME Group announced earnings per share of $2.33 on revenue of $1.52B. Analysts polled by Investing.com anticipated EPS of $2.23 on revenue of $1.49B. That with comparison to EPS of $1.62 on revenue of $1.18B in the same period a year before. CME Group had reported EPS of $1.52 on revenue of $1.14B in the previous quarter. Analysts are expecting EPS of $1.9 and revenue of $1.35B in the upcoming quarter.
CME Group shares are down 8% from the beginning of the year , still down 18.21% from its 52 week high of $225.36 set on February 27. They are under-performing the Nasdaq (NASDAQ:NDAQ) which is down 4.78% year to date.
CME Group follows other major Financial sector earnings this month
CME Group's (NASDAQ:CME) report follows an earnings missed by JPMorgan on April 14, who reported EPS of $0.78 on revenue of $29.07B, compared to forecasts EPS of $1.87 on revenue of $29.54B.
UnitedHealth had beat expectations on April 15 with first quarter EPS of $3.72 on revenue of $64.42B, compared to forecast for EPS of $3.63 on revenue of $64.16B.
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