Report
Michael Wong
EUR 101.80 For Business Accounts Only

Tax Reform and Organic Growth Opportunities Will Propel CME Group's Earnings

Reasonable earnings growth as well as earnings that will be supercharged in 2018 by tax reform means wide-moat CME Group shouldn’t have to stray as far from its core as peers to generate growth in the near term. Looking more closely at 2017 results, on an adjusted basis (which excludes a large gain from the revaluation of deferred tax liabilities), CME Group reported net income of $1.6 billion, or $4.77 per diluted share, on $3.6 billion of revenue. Because of the high operating leverage in the ...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Michael Wong

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