CME Q1 revenue, EPS just short of analyst expectations

CME

22/04/2026 12:08

Clarifies Key Details table to show Revenue was a slight miss

Overview

Derivatives marketplace's Q1 2026 revenue rose 14% yr/yr, just short of analyst expectations

Adjusted EPS for Q1 2026 slightly missed analyst expectations

Company repurchased $536 mln in shares during the quarter

Outlook

CME did not provide specific financial guidance for the current or future periods

Result Drivers

TRADING VOLUME SURGE - Q1 average daily volume rose 22% to a record 36.2 mln contracts, with records in all six asset classes

GLOBAL PARTICIPATION - Non-U.S. average daily volume hit a record 11.4 mln contracts, with APAC up 33% and EMEA up 29%

RECORD FEE REVENUE - Clearing and transaction fees revenue and market data revenue both reached record levels in Q1

Company press release: ID:nPn4xv47Ja

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Miss*
$1.88 bln
$1.895 bln (10 Analysts)
Q1 Adjusted EPS
Miss
$3.36
$3.37 (13 Analysts)
Q1 EPS
$3.18


* Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 7 "strong buy" or "buy", 7 "hold" and 3 "sell" or "strong sell"

The average consensus recommendation for the financial & commodity market operators & service providers peer group is "buy."

Wall Street's median 12-month price target for CME Group Inc is $324.50, about 14.1% above its April 21 closing price of $284.40

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 23 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)