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CME Group Second Quarter 2024 Earnings: In Line With Expectations
CME Group (NASDAQ:CME) Second Quarter 2024 Results
Key Financial Results
- Revenue: US$1.53b (up 13% from 2Q 2023).
- Net income: US$872.1m (up 14% from 2Q 2023).
- Profit margin: 57% (in line with 2Q 2023).
- EPS: US$2.43 (up from US$2.14 in 2Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
CME Group Meets Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.
Looking ahead, revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Capital Markets industry in the US.
Performance of the American Capital Markets industry.
The company's share price is broadly unchanged from a week ago.
Risk Analysis
We should say that we've discovered 2 warning signs for CME Group that you should be aware of before investing here.
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About NasdaqGS:CME
CME Group
Operates contract markets for the trading of futures and options on futures contracts worldwide.