CME Group Shares Up 5% on Q4 EPS Beat, Revenues In Line
<p><a href='https://financialmodelingprep.com/financial-summary/CME'>CME Group (NASDAQ:CME)</a> shares gained more than 5% on Wednesday after the company reported its Q4 results, with EPS coming in at $1.92, beating the Street estimate of $1.88. The beat was due to global increases in prices, the growth of interest rates, and concerns about a recession, which led to greater utilization of the risk management tools provided by the futures exchange operator.</p>
<p>Revenue came in at $1.2 billion, roughly in line with the Street estimate of $1.21 billion.</p>
<p>The company is demonstrating pricing power via raising futures/options RPC this year, effectively a 4-5% revenue increase, along with an approximately 4% market data pricing increase.</p>

NASDAQ:CME