Summary
CME Group Inc. (CME) filed an 8-K on May 1, 2014, to report its financial results for the quarter ended March 31, 2014. The filing primarily incorporates a press release (Exhibit 99.1) detailing these results. Investors should note that while the press release presents GAAP financial results, it also includes non-GAAP earnings per share. Management utilizes these non-GAAP measures to offer supplemental insights into financial and business trends and to enhance comparability with prior periods. However, investors are advised to consider these non-GAAP measures as supplemental and not a substitute for the standard GAAP financial reporting.
Key Highlights
- 1CME Group Inc. reported financial results for the first quarter ended March 31, 2014, via an 8-K filing.
- 2The core of the filing is a press release (Exhibit 99.1) containing the financial results.
- 3The press release includes both GAAP (Generally Accepted Accounting Principles) financial measures and non-GAAP earnings per share.
- 4Management believes non-GAAP earnings per share provide valuable supplemental information for assessing financial and business trends.
- 5The use of non-GAAP measures is intended to improve comparability with the company's historical financial performance.
- 6Reconciliation between non-GAAP and GAAP financial measures is provided within the press release as required by Regulation G.
- 7Information provided in this 8-K, including the press release, is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, unless expressly incorporated by reference.
Frequently Asked Questions
The main purpose of this 8-K filing is to report CME Group Inc.'s financial results for the quarter ended March 31, 2014, by incorporating a press release that contains these results.
Yes, the press release attached to the 8-K includes non-GAAP earnings per share, which management believes offers supplemental insights and enhances comparability with prior periods.
Investors should interpret the non-GAAP financial measures as supplementary information. They should not be considered a substitute for or superior to the corresponding GAAP financial measures. A reconciliation between the non-GAAP and GAAP measures is provided in the press release.
Generally, no. The information set forth in this 8-K, including the attached press release, is not deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, nor is it incorporated by reference into other filings, unless specifically stated otherwise.