For the quarter ending in September 2023, CME Group (CME) recorded $1.34 billion in revenue, a 9% rise year over year. The same period’s EPS of $2.25 is in comparison to $1.98 from a year earlier.
The reported revenue is +0.01% unexpected when compared to the Zacks Consensus Estimate of $1.34 billion. With a consensus EPS projection of $2.21, the business surprised investors with an EPS of +1.81%.
When deciding what to do next, investors closely examine changes in sales and earnings year over year and how those changes stack up against Wall Street predictions. However, several important measures consistently provide a more realistic view of a company’s financial situation.
Given that these variables impact both top- and bottom-line performance, investors may more precisely anticipate a stock’s price performance by comparing them to figures from the previous year and analyst estimates.
According to the measures that Wall Street analysts track and predict the most, CME did as follows during the recently concluded quarter:
The average daily volume (both NYMEX and COMEX) was 22,349 thousand, which was lower than the average expectation of 22,741.09 thousand based on five experts.
Interest rates (include NYMEX and COMEX): $0.51 on average per contract, compared to an average of $0.50 predicted by five experts.
The average pricing per contract for equity indexes, which include COMEX and NYMEX, was $0.63, which was lower than the average expectation of $0.62 derived from five experts.
Foreign exchange (including NYMEX and COMEX) average rate per contract: $0.79 as opposed to the average estimate of $0.79 based on five experts.
Energy (including NYMEX and COMEX): average rate per contract was $1.32, compared to the average expectation of $1.29 made by five experts.
Agricultural commodities, which include NYMEX and COMEX, had an average rate per contract of $1.33 as opposed to the average expectation of $1.37 from five analysts.
Average daily volume for metals (both COMEX and NYMEX) was 528 thousand, vs an average estimate of 533.6 thousand based on five analysts.
The average pricing per contract (which includes COMEX and NYMEX) was $0.71, as opposed to the average of $0.69 predicted by five experts.
Compared to the five analysts’ average estimate of 11,104.65 thousand, the average daily volume for interest rates (both NYMEX and COMEX) was 10,967 thousand.
Rate per contract on average for metals (including NYMEX and COMEX): $1.49 as opposed to the average expectation of $1.54 from five analysts.
Revenues: $167.60 million from market data and information services, as opposed to the average expectation of $164.04 million from seven analysts. The stated figure indicates a +8.6% change from the previous year.
Revenues—Other: $84.70 million as opposed to the average forecast of $79.79 million from seven analysts. The given figure indicates a +13.1% change over the previous year.