CME Group IncCME
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Record Q2 revenue, earnings beat, and $1.2B returned to shareholders via dividends and buybacks.
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Carbon Removal (DAC)
CME Group IncCME Group posted second-quarter revenue exceeding $1.7 billion, a record for the period and a 1% increase from the prior year. Adjusted diluted earnings per share rose 1% to $2.99, while adjusted net income reached $1.1 billion with a 63.4% margin. Market data revenue hit a record $238 million, up 20% year-over-year, and the company returned $1.2 billion to shareholders through $468 million in dividends and $695 million in share repurchases. Average daily volume of 29.8 million contracts marked the second-highest Q2 in CME's history, and open interest grew 8% since the start of the year. CEO Terrence Duffy noted that institutional clients, representing 94% of volume, have shown no demand for perpetual futures, which the firm views as carrying heightened risk and higher costs compared to its existing contracts.
CME Group IncRecord Q2 revenue, earnings beat, and $1.2B returned to shareholders via dividends and buybacks.