CME Posts Higher Earnings
Earnings rose 34% from a year ago in the Chicago Mercantile Exchange's (CME:NYSE - commentary - research - Cramer's Take) fourth quarter, beating estimates thanks to brisk derivatives volume.
The CME, whose shares are up 10% in January after rising 62% in 2005, earned $76.3 million, or $2.18 a share, in the quarter, compared with $57.8 million, or $1.64 a share, a year ago. Sales rose 24% from a year ago to $233 million.
The CME, whose shares are up 10% in January after rising 62% in 2005, earned $76.3 million, or $2.18 a share, in the quarter, compared with $57.8 million, or $1.64 a share, a year ago. Sales rose 24% from a year ago to $233 million.
posted by Gordengekko at 8:28 AM
0 Comments:
Post a Comment
<< Home