NASDAQ$CME

CME Group · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

CME Group's financial results for Q3 2020 were reported, showing strong performance in metals, equities, agriculture, and data services businesses.

CME Group reported a revenue of $1.1 billion and an operating income of $525 million for Q3 2020. The net income was $412 million, with a diluted earnings per share of $1.15. On an adjusted basis, the net income was $495 million and diluted earnings per share was $1.38.

  • Metals, equities, agriculture and data services businesses showed strong performance during the third quarter.
  • The company continued to innovate amid the extreme uncertainty, announcing a number of new products and services across asset classes, including Micro E-mini options and Nasdaq Veles California Water Index futures.
  • Focus in Q4 remains on adding new value through the migration of BrokerTec onto CME Globex later this year.
  • The company is providing risk management tools to help global clients as they continue to navigate through this difficult economic environment.

Headline financials

Total Revenue

$1.08B

Previous: $1.28B-15.4%
EPS (adj)

$1.38

Previous: $1.90-27.4%
Average Daily Volume

15.6M

No prior period
Average Rate Per Contract

$0.72

No prior period
Capital Expenditures

-$128M

Previous: -$179M+28.9%
Free Cash Flow

$284M

Previous: $457M-37.8%
Net Income

$412M

Previous: $636M-35.3%
Operating Income

$525M

Previous: $685M-23.4%
Gross Profit

$1.08B

Previous: $1.28B-15.4%
Cash & Equivalents

$1.33B

Previous: $1.21B+10.1%
Total Assets

$126B

Previous: $79.4B+58.4%
Stock-Based Comp

$23.8M

Previous: $14.4M+65.3%

Revenue & EPS history

CME Group · Revenue · Quarterly

$1.08B

Q3 2020-15.4%vs Q3 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

CME Group · $1.08B total across 3 segments · Q3 2020

  • Clearing and transaction fees
    $835M-19.7%
  • Market data and information services
    $139M+7.4%
  • Other
    $106M-0.8%

Forward guidance

CME Group remains focused on adding new value through the migration of BrokerTec onto CME Globex later this year, as well as providing risk management tools to help our global clients as they continue to navigate through this difficult economic environment.

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 Q3 2020

Historical avgQ3 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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