Feb 8 (Reuters) - Futures exchange operator CME Group
Inc on Wednesday reported a better-than-estimated
fourth-quarter profit as recessionary fears pushed investors
toward its investment tools to hedge against potential risks in
their portfolios.
On an adjusted basis, net income for the period was $698
million, or $1.92 per share, compared with analysts' estimates
of $1.88 per share, according to Refinitiv data.
(Reporting by Anirban Chakroborti in Bengaluru; Editing by
Shilpi Majumdar)
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