Financial Performance - Record revenue of $1.6 billion for Q3 2024, marking the best quarter in CME Group history[2] - Adjusted net income for Q3 2024 was $977 million, with diluted earnings per share of $2.68[2] - Total revenues for the quarter ended September 30, 2024, were $1,584.4 million, a 18.4% increase from $1,337.8 million in the same quarter of 2023[10] - Operating income for the quarter was $1,024.2 million, up 24.8% from $820.2 million year-over-year[10] - Net income attributable to common shareholders was $901.3 million, compared to $740.8 million in the prior year, representing a 21.7% increase[10] - Adjusted net income for the quarter was $977.0 million, compared to $818.0 million in the same quarter last year, reflecting a 19.5% increase[14] - Basic earnings per share attributable to common shareholders was $2.51 for Q3 2024, up from $2.06 in Q3 2023[15] Trading Volume - Average daily volume (ADV) reached a record 28.3 million contracts, with a 28% increase in financial product volumes[2] - Average Daily Volume (ADV) for total trading was 28,289 thousand contracts in Q3 2024, a 26.6% increase from 22,349 thousand contracts in Q3 2023[12] - Interest rates futures saw a 36% increase, reaching a record ADV of 14.9 million contracts[2] - Commodities volume increased by 20%, while options volume rose by 27%[2] Revenue Sources - Clearing and transaction fees revenue for Q3 2024 totaled $1.3 billion, with an average rate per contract of $0.666[3] - The average rate per contract (RPC) for total trading was $0.666 in Q3 2024, down from $0.707 in Q3 2023[13] - Investment income for the quarter was $1,026.8 million, down from $1,272.5 million in the same quarter of the previous year[10] Financial Position - Cash and cash equivalents as of September 30, 2024, totaled approximately $2.6 billion[3] - Total assets increased to $137.8 billion as of September 30, 2024, compared to $129.7 billion at the end of 2023[9] - Total liabilities rose to $109.6 billion, with long-term debt at $2.7 billion[9] Expenses - Total expenses for the quarter were $560.2 million, an increase from $517.6 million in Q3 2023, reflecting a 8.2% rise[10] Shareholder Returns - The company returned approximately $25.6 billion to shareholders in dividends since 2012[3] Trading Days - The company reported a total of 636 trading days in Q3 2024, consistent with the previous quarter[11]

Record revenue of $1.6 billionRecord quarterly ADV of 28.3 million contracts - the second consecutive quarter of volume, open interest growth across every asset classCHICAGO, Oct. 23, 2024 /PRNewswire/ -- CME Group Inc. (NASDAQ: CME) today reported financial results for the third quarter of 2024.The company reported revenue of $1.6 billion and operating income of $1.0 billion for the third quarter of 2024. Net income was $913 million and diluted earnings per common share were $2.50. On an adjusted basis, ne ...

CME Group Inc. (CME) is slated to report third-quarter 2024 earnings on Oct. 23, before market open. CME's earnings beat estimates in each of the trailing four quarters. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Factors to Consider A diverse product portfolio, increased volatility and a strong market position are likely to have aided CME Group's performance in the third quarter. Increases in market data and information services, clearing, transaction fees and other revenues a ...

Core Insights - CME Group (CME) is expected to report quarterly earnings of $2.57 per share, reflecting a year-over-year increase of 14.2% [1] - Anticipated revenues for the quarter are projected to be $1.55 billion, indicating a 15.6% increase compared to the same quarter last year [1] - The consensus EPS estimate has been revised upward by 2.7% in the past 30 days, showcasing analysts' reassessment of their initial estimates [1] Revenue Estimates - 'Revenues- Other' are expected to reach $104.36 million, representing a 23.2% increase from the prior-year quarter [2] - 'Revenues- Clearing and transaction fees' are forecasted to be $1.26 billion, indicating a 16% increase year-over-year [2] - 'Revenues- Market data and information services' are projected to be $175.74 million, suggesting a 4.9% increase from the previous year [2] Clearing and Transaction Fees - 'Revenues- Clearing and transaction fees - Interest rates' are estimated at $414.55 million, reflecting an 18.1% increase from the prior-year quarter [3] - 'Revenues- Clearing and transaction fees - Foreign exchange' are expected to be $49.93 million, indicating a 6.5% increase year-over-year [3] Average Daily Volume - The consensus for 'Average daily volume (including NYMEX and COMEX)' is projected at 26,245.30 thousand, compared to 22.35 million in the same quarter last year [3] - 'Average daily volume - Metals (including NYMEX and COMEX)' is estimated at 723.34 thousand, up from 528 thousand in the same quarter last year [3] - 'Average daily volume - Interest rates (including NYMEX and COMEX)' is expected to reach 13,394.10 thousand, compared to 10.97 million in the same quarter last year [4] - 'Average daily volume - Equity indexes (including NYMEX and COMEX)' is projected at 6,923.93 thousand, compared to 6.35 million in the prior year [4] - 'Average daily volume - Foreign exchange (including NYMEX and COMEX)' is estimated at 1,024.33 thousand, up from 942 thousand year-over-year [4] - 'Average daily volume - Energy (including NYMEX and COMEX)' is expected to be 2,489.19 thousand, compared to 2.13 million in the same quarter last year [4] - 'Average daily volume - Agricultural commodities (including NYMEX and COMEX)' is projected at 1,690.61 thousand, compared to 1.43 million in the same quarter last year [5] Stock Performance - CME shares have returned +5.8% over the past month, outperforming the Zacks S&P 500 composite's +3.8% change [6] - CME holds a Zacks Rank 2 (Buy), indicating expectations to outperform the overall market in the near future [6]

CHICAGO, Oct. 17, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced its new CBL Australian Carbon Credit Unit (ACCU) futures have launched and are available for trading. A total of five contracts traded as a block between Freepoint Commodities and Mercuria on October 14, 2024. "We are pleased to see industry interest and support for our new CBL ACCU futures, which are the latest product we have launched with Xpansiv to help clients manage the risks associated with ...

CME Group (CME) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on October 23, 2024, might help the stock move higher if these key numbers are better than ...

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Record Europe, Middle East and Africa (EMEA) ADV of 6.2M, up 30% in Q3 2024 Asia Pacific (APAC) ADV of 1.8M, up 28% LONDON and SINGAPORE, Oct. 14, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced that its international average daily volume (ADV) reached a record 8.4 million contracts in Q3 2024, up 29% year on year. Reflecting all trading reported outside the United States, the record volume was driven by growth across all asset classes, with the highest trading v ...

US big tech companies have taken the world stage over the past decade due to their rapid growth and huge profit margins. Many investors have decided to bet on these phenomenal companies, but in doing so have lost sight of Hi there, welcome to my profile. My name is Eugenio Catone, I live in Italy and I am 26 years old. In 2023 I graduated in Business Administration and I am completing my studies. My interest in financial markets started about 5 years ago when I accidentally came across a video about trading ...

The 10-year yield was up about 2 basis points to 4%, it's highest since early August and a big turnaround from its 2024 low of around 3.58% reached a little more than a month ago. The yield on the 2-year Treasury was up over 6 basis points to 3.99%. Yields move inversely to prices. One basis point equals 0.01%. The 10-year Treasury yield, a benchmark for mortgages and car loans, jumped back above 4% on Monday amid stronger labor market readings and despite the start of a Federal Reserve rate-cutting campaig ...