01—Abstract
Summary
Summary of the 8-K filed October 27, 2021. Cited figures are marked; the original filing is the authoritative source.
CME Group Inc. (CME) filed an 8-K report on October 26, 2021, to announce its financial results for the quarter ended September 30, 2021.
The core of this filing is the attached press release (Exhibit 99.1), which details the company's performance and financial condition for the period. Investors should note that the press release includes both GAAP (Generally Accepted Accounting Principles) and non-GAAP financial measures, such as non-GAAP net income and earnings per share. Management utilizes these non-GAAP measures to provide supplemental information that they believe offers a better understanding of financial and business trends and enhances comparability with prior periods.
While these non-GAAP figures are presented as a supplement to GAAP results, investors are advised to review the reconciliation provided in the press release to understand the adjustments made and their impact on reported earnings. The filing serves as a notification of these results and the accompanying supplemental financial information.
02—Key points
Key Highlights
- CME Group Inc. reported its financial results for the quarter ended September 30, 2021, via an 8-K filing on October 26, 2021.
- The filing incorporates by reference a press release (Exhibit 99.1) dated October 27, 2021, containing detailed financial results.
- The press release includes both GAAP and non-GAAP financial measures, including non-GAAP net income and earnings per share.
- Management believes non-GAAP measures provide valuable supplemental insights into financial and business trends.
- Non-GAAP measures are intended to enhance comparability with the company's prior financial reports.
- A reconciliation of non-GAAP financial measures to their most directly comparable GAAP measures is provided in the press release.
- Information under Item 2.02 is not considered 'filed' for Section 18 of the Securities Exchange Act of 1934 unless expressly incorporated into another filing.
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 publicly announce CME Group Inc.'s financial results for the third quarter of 2021, which ended on September 30, 2021. It incorporates a press release containing these results.
What are non-GAAP financial measures and why does CME Group use them?
Non-GAAP financial measures, such as non-GAAP net income and earnings per share, are financial metrics that exclude or include amounts different from the measures calculated under Generally Accepted Accounting Principles (GAAP). CME Group uses them to provide supplemental information that management believes helps investors better understand financial and business trends and allows for improved comparability with previous financial periods.
Where can I find the detailed financial results and the reconciliation of non-GAAP to GAAP measures?
The detailed financial results and the reconciliation of non-GAAP to GAAP measures are available in the press release attached as Exhibit 99.1 to this 8-K filing.
Is the information in the press release considered officially 'filed' with the SEC?
The information provided under Item 2.02 of the 8-K, including the attached press release, is typically furnished and not considered 'filed' for the purposes of Section 18 of the Securities Exchange Act of 1934, unless the company specifically states it is incorporated by reference into another filing.
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