CME Reports Strong Q4 Earnings, Exceeding Wall Street Expectations
CHICAGO, Jan. 25, 2023 - CME Group Inc. (CME) today announced its financial results for the fourth quarter and full year of 2022.
Q4 Results
* Net income of $874.6 million, or $2.40 per share
* Adjusted earnings per share of $2.52
* Revenue of $1.53 billion
These results surpassed analysts' expectations, with the consensus estimate calling for earnings of $2.44 per share and revenue of $1.51 billion.
Full-Year Results
* Net income of $3.53 billion, or $9.67 per share
* Revenue of $6.13 billion
Commentary
"CME Group's strong performance in the fourth quarter and full year reflects the continued growth and diversification of our business," said Terry Duffy, CME Group Chairman and CEO. "We are well-positioned for continued success in 2023 and beyond."
Analyst Coverage
A Zacks stock report on CME is available at https://www.zacks.com/ap/CME.