Investing.com - CME Group (NASDAQ:CME) reported second quarter earnings that missed analysts' expectations on Wednesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.76 on revenue of $1.27B. Analysts polled by Investing.com expected EPS of $1.77 on revenue of $1.28B. That compared to EPS of $1.74 on revenue of $1.06B in the same period a year earlier. The company had reported EPS of $1.62 on revenue of $1.18B in the previous quarter.
For the year, CME Group shares are down 4.64%, under-performing the S&P 500 which is up 21.65% year to date.
CME Group follows other major Financial sector earnings this month
On Tuesday, July 16, 2019, JPMorgan reported second quarter EPS of $2.82 on revenue of $29.57B, compared to forecasts of EPS of $2.5 on revenue of $28.84B.
Bank of America earnings beat analyst's expectations on Wednesday, July 17, 2019, with second quarter EPS of $0.74 on revenue of $23.08B. Investing.com analysts expected EPS of $0.71 on revenue of $23.11B
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