CME, Evercore and Fiserv Attracting Trader Demand as Earnings Approach

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CME Group, Inc. (NASDAQ:CME) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of $3.68 per share, a decline of 2.4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from $4.22. Between one and three months ago, the average estimate moved down. It also has dropped from $3.92 during the last month. Analysts are projecting profit to rise by 11.1% versus last year to $17.19.

Last quarter, the company reported profit of $4.74 per share versus a mean estimate of net income of. The company has beaten estimates for the past three quarters. On average, analysts predict $754 million in revenue this quarter, a decline of 1.2% from the year ago quarter. Analysts are forecasting total revenue of $3.3 billion for the year, a rise of 10% from last year’s revenue of $3 billion.

Competitors to Watch: IntercontinentalExchange, Inc. (NYSE:ICE), NYSE Euronext (NYSE:NYX), NASDAQ OMX Group, Inc. (NASDAQ:NDAQ), CBOE Holdings, Inc (NASDAQ:CBOE), MarketAxess Holdings Inc. (NASDAQ:MKTX).

Evercore Partners, Inc. (NYSE:EVR) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of 28 cents per share, a rise of 3.7% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 37 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 36 cents during the last month. For the year, analysts are projecting profit of $1.45 per share, a rise of 54.3% from last year.

The company topped estimates last quarter after missing forecasts the quarter prior. In the third quarter, it reported net income of 46 cents per share against a mean estimate of profit of 34 cents per share. In the second quarter, it missed forecasts by one cent. On average, analysts predict $130.4 million in revenue this quarter, a rise of 27.4% from the year ago quarter. Analysts are forecasting total revenue of $544.5 million for the year, a rise of 44.8% from last year’s revenue of $375.9 million.

Competitors to Watch: Greenhill & Co., Inc. (NYSE:GHL), Lazard Ltd (NYSE:LAZ), FBR Capital Markets Corp. (NASDAQ:FBCM), KBW, Inc. (NYSE:KBW), Piper Jaffray Companies (NYSE:PJC), Jefferies Group, Inc. (NYSE:JEF), Cowen Group, Inc. (NASDAQ:COWN), Gleacher & Company, Inc. (NASDAQ:GLCH), Credit Suisse Group AG (NYSE:CS), Bank of America (NYSE:BAC), JP Morgan (NYSE:JPM) and Citigroup (NYSE:C).

Fiserv, Inc. (NASDAQ:FISV) will unveil its latest earnings on Thursday, February 2, 2012. The average estimate of analysts is for net income of $1.27 per share, a rise of 19.8% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from $1.25. Between one and three months ago, the average estimate moved up. It has been unchanged at $1.27 during the last month. Analysts are projecting profit to rise by 13.1% versus last year to $4.58.

The company has beaten estimates the last two quarters and is coming off a quarter where it topped the forecasts by 2 cents, reporting profit of $1.16 per share against a mean estimate of net income of $1.14. In the second quarter, the company exceeded forecasts by 5 cents with profit of $1.13 versus a mean estimate of net income of $1.08. Analysts are projecting a rise of 4.6% in revenue from the year-earlier quarter to $1.13 billion.

Competitors to Watch: Visa Inc. (NYSE:V), Online Resources Corp. (NASDAQ:ORCC), DST Systems, Inc. (NYSE:DST), Jack Henry & Associates, Inc. (NASDAQ:JKHY), Fidelity National Information Services (NYSE:FIS), Fundtech Ltd. (NASDAQ:FNDT), S1 Corporation (NASDAQ:SONE), ACI Worldwide Inc (NASDAQ:ACIW), and Intuit Inc. (NASDAQ:INTU).

To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com

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