CME Group Posts Higher Q1 Profit - Quick Facts
(RTTNews.com) - Exchange operator CME Group, Inc.'s ( CME ) first-quarter net income attributable to the company increased to $266.8 million, or $0.79 per share, from the prior year's $235.8 million, or $0.71 per share.
Excluding items, adjusted earnings per share would have been $0.83 for the recent three-month period, the company said. On average, 16 analysts polled by Thomson Reuters expected earnings per share of $0.83 for the quarter. Analysts' estimates typically exclude one-time items.
Quarterly total revenues of $777.4 million were higher than the year-ago period's $718.6 million.
"In first-quarter 2014, we posted industry-leading volume growth of 9 percent, driven by our interest rate, equity index and agricultural products," said CME Group Executive Chairman and President, Terry Duffy.
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