CME CME Group Inc

By Allison Prang

Exchange operator CME Group Inc. saw its profit fall in the fourth quarter while revenue slipped.

CME's net income attributable to the company declined to $424 million, or $1.18 a share. Earnings a year earlier were $469.5 million, or $1.31 a share.

Adjusted earnings were $1.39 a share. According to FactSet, analysts were expecting $1.36 a share.

Revenue was $1.1 billion, down 3.5% from a year earlier. Analysts were expecting $1.1 billion.

Expenses increased 3.2%.

The company said 16.2 million contracts was its average daily volume for the quarter. A year ago, it was 16.9 million. The average rate per contract also fell from a year ago.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

February 10, 2021 07:31 ET (12:31 GMT)

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