CME Group (CME) Q1 Earnings Top Estimates, Revenues Rise Y/Y

CME Group Inc. (CME) reported first-quarter 2024 adjusted earnings per share of $2.50, which beat the Zacks Consensus Estimate by 2.4%. The bottom line increased 3.3% year over year.Quarterly results benefited from an increase in trading volumes. Average daily volume increased in four of its six asset classes.Performance in DetailCME Group’s revenues of$ 1.5 billion increased 3.2% year over year. The year-over-year increase was primarily due to higher clearing and transaction fees (up 0.7% year over year), ...