February 12, 2020 / 12:12 PM / 11 days ago

Exchange Operator CME Group posts 22% rise in quarterly profit

Feb 12 (Reuters) - Exchange operator CME Group Inc on Wednesday posted a 22% rise in fourth-quarter profit, benefiting from lower taxes and cost-cutting measures to counter a hit from lower trading volumes.

Net income attributable to the company rose to $469.5 million, or $1.31 per share, in the quarter ended Dec. 31, from $385.5 million, or $1.09 per share, a year earlier. (reut.rs/2SBotx3) (Reporting by Bharath Manjesh in Bengaluru; Editing by Subhranshu Sahu)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below