$CME : Dividend Gem That's More Than FAANG.
@JC888:
I am sharing a “hidden” gem that is neither a bank, semiconductor, energy or technology, none of the “hot & sizzling” sectors of the moment. The $CME Group Inc(CME)$ has just reported its Q3 2024 earnings. And it is not bad at all. (see below) Key Q3 2024 Earnings. Trailing 12-month (TTM) period Revenue: US$1.58 billion (up +19% YoY from 3Q 2023) and in line with analyst estimates. (see above) Earnings per share (EPS): US$2.54 (up +23.3% YoY from US$2.06, 3Q 2023) but missed analyst estimates by 1.0%. Profit margin: 58% (up from 56% in 3Q 2023). Increase in margin was driven by higher revenue. Net income: US$901.3 million (up +21.67% from $740.8 million, 3Q 2023). Past Earnings. Looking at its past 5 years performances, earnings have grown at +