CME tops Q2 revenue, profit estimates on robust trading volumes

CME

22/07/2026 12:12

    

    Overview
  
U.S. derivatives exchange operator's Q2 revenue beat analyst expectations
Adjusted EPS for Q2 beat analyst expectations
Company repurchased $695 mln in shares during Q2

    

    Outlook
  
Company did not provide specific guidance for future quarters or the full year in press release 

    

    Result Drivers
  
TRADING VOLUMES - Record Q1 trading and second-highest Q2 volumes ever drove strong H1 performance, per CEO Terry Duffy
MARKET DATA REVENUE - Market data revenue rose 20% to a record $238 mln in Q2
NEW PRODUCTS - Co cited continued innovation with new tools and products to help clients manage risk and pursue opportunities

    
Company press release: ID:nPn43CBP1a

    

    Key Details
  

            Metric
          

            Beat/Miss
          

            Actual
          

            Consensus Estimate
          
Q2 Revenue
Beat
$1.71 bln
$1.69 bln (11 Analysts)
Q2 Adjusted EPS
Beat
$2.99
$2.91 (13 Analysts)
Q2 EPS
 
$2.88
 
Q2 Net Income
 
$1.04 bln
 
Q2 EBIT
 
$1.11 bln
 
Q2 Pretax Profit
 
$1.33 bln
 

    

    Analyst Coverage
  
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 9 "strong buy" or "buy", 5 "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 $284.50, about 19.9% above its July 21 closing price of $237.38
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 24 three months ago

    

    Reuters Recommended Reads
  
July 21 - CME to launch sorghum basis futures contract next month
July 21 - Charles Schwab posts record quarterly profit on trading boom
July 21 - Interactive Brokers' quarterly profit leaps on brisk trading

    
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.)