Investing.com - CME Group (NASDAQ:CME) reported first quarter earnings that beat analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.62 on revenue of $1.18B. Analysts polled by Investing.com expected EPS of $1.61 on revenue of $1.2B. That compared to EPS of $1.86 on revenue of $1.11B in the same period a year earlier. The company had reported EPS of $1.77 on revenue of $1.24B in the previous quarter.
For the year, CME Group shares are down 4.9%, under-performing the Nasdaq which is up 24.41% year to date.
CME Group follows other major Financial sector earnings this month
On Friday, April 12, 2019, JPMorgan reported first quarter EPS of $2.65 on revenue of $29.85B, compared to forecasts of EPS of $2.35 on revenue of $28.44B.
Bank of America earnings beat analyst's expectations on Tuesday, April 16, 2019, with first quarter EPS of $0.7 on revenue of $23B. Investing.com analysts expected EPS of $0.66 on revenue of $23.16B
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