CME Group(CME)
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CME Group: Buying 'The House' Proves A Winning Strategy
Seeking Alpha· 2024-02-14 22:39
AMANDA RIVKIN/AFP via Getty Images Introduction Last weekend, it was the first time I watched a Super Bowl without betting some money, as I decided to completely quit sports betting. Don't get me wrong, I wasn't addicted. I always bet very small amounts, as I liked researching sports teams and wanted to see if I could beat "the house." The reason I stopped is because I figured I wasted too much time. Although I did manage to make money over the past few years, I lost interest because it simply required too ...
CME Group(CME) - 2023 Q4 - Earnings Call Transcript
2024-02-14 16:50
CME Group Inc. (NASDAQ:CME) Q4 2023 Earnings Call Transcript February 14, 2024 8:30 AM ET Company Participants Adam Minick - IR Terry Duffy - Chairman and CEO Lynne Fitzpatrick - CFO Sunil Cutinho - CIO Julie Winkler - CCO Suzanne Sprague - Senior Managing Director & Global Head Of Clearing and Post-Trade Services Derek Sammann - Senior Managing Director, Global Head of Commodities, Options & International Markets Tim McCourt - Senior Managing Director, Global Head of Financial & OTC Products Conference Cal ...
Here's What Key Metrics Tell Us About CME (CME) Q4 Earnings
Zacks Investment Research· 2024-02-14 16:00
For the quarter ended December 2023, CME Group (CME) reported revenue of $1.44 billion, up 19.2% over the same period last year. EPS came in at $2.37, compared to $1.92 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.43 billion, representing a surprise of +0.93%. The company delivered an EPS surprise of +4.41%, with the consensus EPS estimate being $2.27.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how the ...
CME Group (CME) Q4 Earnings & Revenues Surpass Estimates
Zacks Investment Research· 2024-02-14 15:46
CME Group Inc. (CME) reported fourth-quarter 2023 record adjusted earnings per share of $2.37, which beat the Zacks Consensus Estimate by 4.4%. The bottom line increased 23.4% year over year.Quarterly results benefited from an increase in trading volumes. Average daily volume increased in five of its six asset classes.Performance in DetailCME Group’s revenues of $1.4 billion increased 19.2% year over year. The year-over-year increase was primarily due to higher clearing and transaction fees (up 20.7% year o ...
Fortify Your Portfolio With 3 A-Rated Dividend Stocks Yielding +4%
Seeking Alpha· 2024-02-09 22:46
Aslan Alphan Introduction This may be the shortest introduction of my articles this year (so far). In this article, I'll explain why the market is doing so well, why I'm getting very cautious, and how to bet on super-safe stocks while still getting good income and a shot at outperforming the market. So, let's get to it! "Everyone" Is Bullish Whenever the market keeps making new all-time highs, I'm getting more cautious. Not necessarily because I'm bearish or not invested, but because these are the times whe ...
Seeking Clues to CME (CME) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Zacks Investment Research· 2024-02-09 15:21
Wall Street analysts forecast that CME Group (CME) will report quarterly earnings of $2.27 per share in its upcoming release, pointing to a year-over-year increase of 18.2%. It is anticipated that revenues will amount to $1.43 billion, exhibiting an increase of 18.1% compared to the year-ago quarter.The consensus EPS estimate for the quarter has been revised 0.4% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial e ...
Bitcoin Witnesses Seesaw Trading in Early 2024: 5 Stocks in Focus (Revised)
Zacks Investment Research· 2024-02-08 06:11
The cryptocurrency market started 2024 on a positive note after an impressive rally last year. The much-hyped reformation in the cryptocurrency space took place on Jan 10. The U.S. Securities and Exchange Commission (SEC) approved rule changes to allow the creation of spot bitcoin exchange-traded funds (ETFs).As many as 11 spot bitcoin ETFs were launched last month. Following the news, the price of bitcoin (BTC) jumped above the technical barrier of 47,000 to reach 47,893.70. However, Bitcoin’s price has fa ...
CME Group (CME) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-02-07 16:06
Wall Street expects a year-over-year increase in earnings on higher revenues when CME Group (CME) reports results for the quarter ended December 2023. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on February 14. ...
Bitcoin Witness Seesaw Trading in Early 2024: 5 Stocks in Focus
Zacks Investment Research· 2024-02-07 14:51
The cryptocurrency market started 2024 on a positive note after an impressive rally last year. The much-hyped reformation in the cryptocurrency space took place on Jan 10. The U.S. Securities and Exchange Commission (SEC) approved rule changes to allow the creation of spot bitcoin exchange-traded funds (ETFs).As many as,11 spot bitcoin ETFs are likely to be launched this year. Following the news, the price of bitcoin (BTC) jumped above the technical barrier of 47,000 to reach 47.893.70. However, Bitcoin’s p ...
Buy Bitcoin on the Dip for Solid Returns: 5 Stocks in Focus
Zacks Investment Research· 2024-01-23 14:11
The cryptocurrency market started 2024 on a positive note after an impressive rally last year. The much-hyped reformation in the cryptocurrency space took place on Jan 10. The U.S. Securities and Exchange Commission (SEC) approved rule changes to allow the creation of spot bitcoin exchange-traded funds (ETFs). As many as,11 spot bitcoin ETF’s are expected to be launched this year.The game-changing decision of the SEC will allow individuals, money managers and other financial institutions to get exposure to ...