CHICAGO (AP) 鈥� CHICAGO (AP) 鈥� CME Group Inc. (CME) on Wednesday reported first-quarter net income of $1.15 billion.
The Chicago-based company said it had profit of $3.18 per share. Earnings, adjusted for one-time gains and costs, came to $3.36 per share.
The results fell short of Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $3.37 per share.
The parent company of the Chicago Board of Trade and other exchanges posted revenue of $1.88 billion in the period, which also did not meet Street forecasts. Four analysts surveyed by Zacks expected $1.91 billion.
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