CME Group Q3 Earnings and Revenues Beat Estimates on Higher Volumes

CME Group (CME) reported third-quarter 2024 adjusted earnings per share of $2.68, which beat the Zacks Consensus Estimate by 1.1%. The bottom line increased 19.1% year over year. Quarterly results benefited from a record in trading volumes. Average daily volume increased in its six asset classes, with average daily volume (ADV) up 20% in commodities and 28% in financial markets.Performance in DetailCME Group’s revenues of $1.6 billion increased 18.4% year over year. The year-over-year increase was primarily ...