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CME Group Profit Rises 20%

 
By Greg Morcroft
MarketWatch Pulse
     

    NEW YORK -- CME Group Inc. said on Thursday that its third-quarter profit grew 20% to $202 million, or $3.04 a share, from $169 million, or $2.81 a share a year ago. Revenue fell 4%, to $650 million, from $681 million a year ago. On a pro-forma basis, the company earned $223 million, or $3.35 a share, compared to $278 million, or $4.13 a share a year ago. Analysts polled by FactSet Research had expected the firm to earn $3.3 a share in the quarter.

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