By Allison Prang

Profit decreased at CME Group Inc. (CME) in the fourth quarter. The company's comparable results a year earlier included a $2.36 billion income tax benefit.

CME reported net income of $385.5 million, down 87% from the comparable quarter a year prior. The company said earnings were $1.09 a share, down from $8.63 a share. Analysts polled by Refinitiv were expecting $1.65 a share.

CME said adjusted earnings were $1.77 a share, up from $1.12 a share. Analysts were expecting $1.72 a share.

Revenue increased 37% to $1.24 billion. Analysts were expecting $1.2 billion.

Write to Allison Prang at allison.prang@wsj.com

(END) Dow Jones Newswires

February 14, 2019 07:33 ET (12:33 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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