01—Abstract
Summary
Summary of the 8-K filed April 28, 2021. Cited figures are marked; the original filing is the authoritative source.
CME Group Inc. (CME) filed an 8-K on April 28, 2021, to report its financial results for the quarter ended March 31, 2021.
The filing primarily incorporates by reference a press release (Exhibit 99.1) that details these results. Investors should note that while the press release provides GAAP financial information, it also includes non-GAAP measures like non-GAAP net income and earnings per share. Management believes these non-GAAP measures offer valuable supplemental information for assessing financial and business trends, enhancing comparability with prior periods.
A reconciliation between the non-GAAP and GAAP figures is provided in the press release, as required by Regulation G. Investors are advised to review these non-GAAP measures as a supplement to, and not a replacement for, GAAP-based reporting.
02—Key points
Key Highlights
- CME Group Inc. announced its financial results for the first quarter ended March 31, 2021, via an 8-K filing on April 28, 2021.
- The primary content of the filing is a press release (Exhibit 99.1) containing the quarterly financial performance.
- The press release includes both GAAP (Generally Accepted Accounting Principles) and non-GAAP financial measures.
- Key non-GAAP financial metrics highlighted are non-GAAP net income and non-GAAP earnings per share.
- CME Group states that non-GAAP measures are used to provide supplemental information and improve comparability with historical results.
- A reconciliation of non-GAAP to GAAP financial measures is included in the press release, adhering to Regulation G requirements.
03—Questions
Frequently Asked Questions
What is the main purpose of this 8-K filing?
The main purpose of this 8-K filing is to report CME Group Inc.'s financial results for the quarter ended March 31, 2021. It primarily incorporates a press release that contains these financial details.
Does the filing include any non-GAAP financial information?
Yes, the press release incorporated by reference in this filing includes non-GAAP financial measures such as non-GAAP net income and non-GAAP earnings per share, in addition to GAAP figures.
Why does CME Group provide non-GAAP financial measures?
CME Group provides non-GAAP measures to offer supplemental information to management and investors regarding financial and business trends. They believe these measures enhance comparability with the company's prior financial reports.
Where can I find the reconciliation between GAAP and non-GAAP figures?
The reconciliation of the non-GAAP financial measures to the most directly comparable GAAP financial measures is included within the press release (Exhibit 99.1) that is incorporated by reference in this 8-K filing.
04—Continue