CME Group, Inc. Q4 Profit Increases, beats estimates

(RTTNews) - CME Group, Inc. (CME) released earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line totaled $613.3 million, or $1.71 per share. This compares with $424.0 million, or $1.18 per share, in last year's fourth quarter.

Excluding items, CME Group, Inc. reported adjusted earnings of $595.7 million or $1.66 per share for the period.

Analysts on average had expected the company to earn $1.64 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 4.5% to $1.15 billion from $1.10 billion last year.

CME Group, Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $613.3 Mln. vs. $424.0 Mln. last year. -EPS (Q4): $1.71 vs. $1.18 last year. -Analyst Estimate: $1.64 -Revenue (Q4): $1.15 Bln vs. $1.10 Bln last year.