CME Group (CME) is well poised to grow, banking on the strength of its global presence, a compelling product portfolio, a focus on over-the-counter clearing services and a solid capital position. These coupled with optimistic growth projections and upward estimate revisions make the stock worth retaining in one’s portfolio.Shares of this Zacks Rank #3 (Hold) company have gained 4.4% year to date, outperforming the industry’s increase of 4%.This largest futures exchange in the world in terms of trading volum ...

Key PointsOil is set to go on a new cycle comeback as Wall Street is now broadcasting its views for potentially $100 a barrel.Driven by Federal Reserve interest rate cuts this year, Goldman expects a new breakout across oil-dependent industries.Three stocks stand out to bring you enhanced return potential outside of the rise in oil prices.5 stocks we like better than The Goldman Sachs GroupOil has seen little to no attention in the past 12 to 24 months. Most of the market's focus has gone into technology st ...

Torsten Asmus Simply put, if you hate market volatility, you’ll probably love the CME Group (NASDAQ:CME). This company prints money in volatile markets because of its toll booth-like business model that benefits from transaction volume. I’m able to sleep well at night as a CME shareholder knowing that when the markets get shaky, I benefit from traders putting on hedges and trying to capitalize on near-term momentum shifts, regardless of which direction stock, bond, and commodity prices are headed. What’ ...

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volume, lower revenues and higher costs. In addition, while we may be entitled to recovery for breaches of, or liabilities otherwise incurred in connection with, our agreements with third-party suppliers and service providers, such recovery is limited by the terms of these agreements and may not compensate us in full. Our business exposes us to substantial credit risk of our clearing firms and other counterparties and, consequently, a decrease in their financial resources could adversely af ect us. Our clea ...

CME Group (CME 3.74%) reported some good news Wednesday morning, and investors rewarded the company by trading its stock up on the day. Following the release of its fourth-quarter results before the market opened, the shares zoomed up to close nearly 4% higher. That outpaced the slightly less than 1% gain of the S&P 500 index.Double beats for the fourth quarterFor the period, CME, which owns and operates a collection of derivatives markets, posted revenue of $1.44 billion. This was up from the $1.21 billion ...

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 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 ...

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 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 ...