Mark your calendars for Wednesday 23rd October 2024, as CME Group (NASDAQ: CME) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.
Financial analysts on Wall Street are anticipating that the company will announce an estimated $2.66 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $1.58 billion for this period.
When looking back at the corresponding quarter from the previous year, the company's earnings report showcased a per-share income of $2.25. This was attributed to the company's total revenue, which amounted to an impressive $1.34 billion during that same period.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $6.12 billion. They also believe the company will reach about profit of $10.17 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $2.56 | +11.3% | 1.53 B | +12.7% |
| Q1 2024 | $2.50 | +3.3% | 1.49 B | +3.2% |
| Q4 2023 | $2.37 | +23.4% | 1.44 B | +19.1% |
| Q3 2023 | $2.25 | +13.6% | 1.34 B | +9.0% |
| Q2 2023 | $2.30 | +16.8% | 1.36 B | +9.9% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 23rd October 2024 at 08:30 AM eastern time, in a conference call with public.
The trading day saw CME Group (CME) shares trading between $225.99 and $228.03, besides a volume of 1.14 million shares. The stock closed Monday's regular trading session at $227.05, indicating 0.56 percent decrease.
