NASDAQ$CME

CME Group · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

CME Group reported financial results for the first quarter of 2020.

CME Group's Q1 2020 financial results showed a revenue of $1.5 billion and an operating income of $960 million. The net income was $766 million, with a diluted earnings per share of $2.14. On an adjusted basis, the net income was $836 million and diluted earnings per share were $2.33.

  • First-quarter average daily volume (ADV) included a quarterly record overall, as well as across EMEA and APAC.
  • First-quarter 2020 ADV was 27 million contracts, up 45% compared with the first quarter of 2019.
  • Non-U.S. ADV for first-quarter 2020 reached 7.3 million contracts, up 56% compared with first-quarter 2019, including 54% growth in Europe, 73% growth in Asia and 21% growth in Latin America.
  • Clearing and transaction fees revenue for first-quarter 2020 totaled $1.3 billion.

Headline financials

Total Revenue

$1.52B

Previous: $1.18B+29.0%
EPS (adj)

$2.33

Previous: $1.62+43.8%
Average Daily Volume

27.0M

No prior period
Average Rate Per Contract

$0.68

No prior period
Capital Expenditures

-$42.8M

Previous: -$49.1M+12.8%
Free Cash Flow

$723M

Previous: $448M+61.5%
Net Income

$766M

Previous: $497M+54.2%
Operating Income

$960M

Previous: $631M+52.1%
Gross Profit

$1.52B

Previous: $1.18B+29.0%
Cash & Equivalents

$852M

Previous: $997M-14.6%
Total Assets

$138B

Previous: $71.6B+92.6%
Stock-Based Comp

$23.1M

Previous: $18.3M+26.2%

Revenue & EPS history

CME Group · Revenue · Quarterly

$1.52B

Q1 2020+29%vs Q1 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

CME Group · $1.52B total across 3 segments · Q1 2020

  • Clearing and transaction fees
    $1.28B
  • Market data and information services
    $132M
  • Other
    $112M

Forward guidance

CME Group will hold a Q&A conference call to discuss first-quarter 2020 results at 8:30 a.m. Eastern Time today.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.1%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+1.9%

Avg return

30 days after

45%

33 / 73 earnings

Positive

+5.8%

Q1 2022

Best reaction

-6.8%

Q3 2011

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-0.7%-0.9%+2.4%
Q4 2025-0.3%+4.8%+8.2%
Q3 2025-0.3%+0.9%+1.7%
Q2 2025+0.3%-0.9%-4.2%
Q1 2025-1.5%+0.9%+7.0%
Q4 2024+3.0%+1.5%+7.0%
Q3 2024+1.6%+0.9%+1.3%
Q2 2024+1.0%+0.7%+4.9%
Q1 2024-2.0%-3.3%-0.9%
Q4 2023+1.7%+2.3%+4.9%
Q3 2023+0.6%-1.4%+1.4%
Q2 2023+3.9%+4.0%+6.3%
Q1 2023-1.8%-0.6%-5.9%
Q4 2022+2.9%+4.2%-1.8%
Q3 2022-1.7%-1.4%-0.5%
Q2 2022-2.1%-3.9%-3.6%
Q1 2022+5.8%+1.6%-6.3%
Q4 2021+1.1%-0.9%-6.4%
Q3 2021-0.4%-0.4%+1.3%
Q2 2021+1.3%-0.2%-5.7%
Q1 2021-0.5%-0.5%+6.8%
Q4 2020-4.8%-4.0%+8.9%
Q3 2020-5.9%-4.5%+9.6%
Q2 2020-1.7%-1.8%+6.6%
Q1 2020-3.3%-6.4%-0.9%
Q4 2019-1.6%+0.7%-14.0%
Q3 2019+2.4%-2.0%+0.9%
Q2 2019+1.7%+2.3%+10.1%
Q1 2019-3.4%-0.4%+7.4%
Q4 2018-2.8%-3.4%-5.7%
Q3 2018-1.3%+0.8%+4.5%
Q2 2018-2.4%-6.1%-0.1%
Q1 2018-2.3%-2.8%-0.9%
Q4 2017+3.7%+2.7%+8.3%
Q3 2017+2.8%+2.5%+6.0%
Q2 2017+1.3%+2.6%+2.6%
Q1 2017-3.2%-2.3%-1.7%
Q4 2016-0.8%-1.8%+2.6%
Q3 2016-2.8%-3.1%+9.7%
Q2 2016-0.5%+0.6%+3.1%
Q1 2016-2.7%
Q4 2015+4.5%
Q3 2015-1.5%
Q2 2015-1.0%
Q1 2015+1.8%
Q4 2014+5.6%
Q3 2014+2.4%
Q2 2014-2.2%
Q1 2014-1.2%
Q4 2013+0.5%
Q3 2013-1.4%
Q2 2013-2.4%
Q1 2013+0.8%
Q4 2012-2.7%
Q3 2012-2.0%
Q2 2012+2.4%
Q1 2012-1.7%
Q4 2011-0.1%
Q2 2011-0.1%
Q3 2011-6.8%
Q1 2011+0.7%
Q4 2010-2.2%
Q2 2010-2.2%
Q3 2010-0.4%
Q1 2009+3.6%
Q1 2010+1.1%
Q2 2009+1.9%
Q4 2007+1.9%
Q4 2009+1.9%
Q3 2008+2.5%
Q3 2009+2.5%
Q2 2008+0.4%
Q4 2008+0.4%

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