CME: Q2 Earnings Snapshot

CHICAGO (AP) — CHICAGO (AP) — CME Group Inc. (CME) on Wednesday reported second-quarter net income of $1.04 billion.

On a per-share basis, the Chicago-based company said it had profit of $2.88. Earnings, adjusted for one-time gains and costs, came to $2.99 per share.

The results exceeded Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $2.91 per share.

The parent company of the Chicago Board of Trade and other exchanges posted revenue of $1.71 billion in the period, also exceeding Street forecasts. Six analysts surveyed by Zacks expected $1.68 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CME at https://www.zacks.com/ap/CME