CME Group 2Q Earnings Pregame Scorecard
After meeting Wall Street expectations last quarter, CME Group (NASDAQ:CME) is slated to report again on Thursday.
Expectations
Analysts currently expect CME Group to come in with earnings of $4.12 per share on revenues of $796.2 million. Estimates from analysts range from earnings per share to earnings per share. Over the past three months, the average estimate has moved down from $4.45.
Stock Movement
The stock fell $9.35 per share between May 11, 2012 and May 17, 2012. Looking at change over the last three months, April 25, 2012 and July 20, 2012, the stock price fell $16.14 (-5.9%), from $273.14 to $257.
Company Fundamental Trends
Stock Ratings
Analysts are bullish on the stock as nine analysts rate it as a buy and only one analyst rate it as a sell. Analyst sentiment has been waning recently, as the average rating has dropped slightly over the past three months.
Last Quarter's Results
In the first quarter, profit fell 41.6% to $266.6 million ($4.02 a share) from $456.6 million ($6.81 a share) the year earlier, meeting analyst expectations. Revenue fell 6.9% to $774.6 million from $831.6 million.
Summary
Reporting Period: 2Q
Date of Release: Thursday, July 26, 2012 before market open
EPS: $4.12
Revenue Estimate: $796.2 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)