What are non-GAAP financial measures, and why does CME Group present them?

Non-GAAP financial measures are financial metrics that are not calculated in accordance with Generally Accepted Accounting Principles (GAAP). CME Group presents these (like non-GAAP net income and EPS) because management believes they offer important supplemental information to investors, providing a clearer view of financial and business trends and allowing for better comparison to previous financial reports.

Where can I find the detailed financial results?

The detailed financial results, including both GAAP and non-GAAP figures and the necessary reconciliations, are located in the press release attached as Exhibit 99.1 to this 8-K filing.

Should investors focus solely on the non-GAAP financial results?

No, investors should not focus solely on the non-GAAP financial results. Management presents these as a supplement to, not a substitute for, the GAAP measures. It's crucial to review the GAAP results and the provided reconciliations to understand the differences and make informed investment decisions.

CME 8-K: Earnings & Results

Q: What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to officially report CME Group Inc.'s financial results for the quarter ended December 31, 2016, by incorporating a press release containing these results.

Summary

CME Group Inc. filed an 8-K on February 2, 2017, to report its financial results for the quarter ended December 31, 2016. The filing primarily incorporates by reference a press release (Exhibit 99.1) containing these results. Investors should note that the press release includes both GAAP and non-GAAP financial measures, such as non-GAAP net income and earnings per share. Management believes these non-GAAP measures offer valuable supplemental information for understanding financial and business trends and provide better comparability with prior periods. While these non-GAAP figures are presented as a supplement to GAAP results, investors are advised to consult the reconciliation provided in the press release for a complete understanding of the adjustments made from GAAP figures.

Key Highlights

1CME Group Inc. announced its fourth quarter and full-year 2016 financial results via an 8-K filing on February 2, 2017.
2The primary information is contained within an attached press release (Exhibit 99.1).
3The press release includes both GAAP and non-GAAP financial metrics.
4Key non-GAAP measures reported are non-GAAP net income and non-GAAP earnings per share.
5Management utilizes non-GAAP measures to provide supplemental insights into financial trends and enhance comparability with prior periods.
6A reconciliation between non-GAAP and GAAP figures is provided within the press release as required by Regulation G.
7The filing is informational and does not represent a major new disclosure beyond the standard earnings release.

CME GROUP INC. 8-K Report, Financial Results (Feb 2, 2017)

Summary

Key Highlights

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