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FX.co ★ CBOE Global Markets, Inc. Q3 Profit Increases, Beats Estimates

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typeContent_19130:::2024-11-01T12:42:00

CBOE Global Markets, Inc. Q3 Profit Increases, Beats Estimates

CBOE Global Markets, Inc. announced a rise in earnings for the third quarter, surpassing analysts' forecasts. The company reported a net income of $217.4 million, translating to $2.07 per share, compared to last year's third-quarter results of $207.1 million or $1.95 per share.

On an adjusted basis, the earnings were $232.9 million, or $2.22 per share. These figures exceeded the $2.19 per share anticipated by analysts, as per data from Thomson Reuters, which generally excludes extraordinary items in predictions.

The company's quarterly revenue experienced a 16.2% increase, reaching $1.056 billion, up from $908.8 million in the same period the previous year.

CBOE Global Markets' key financials for the quarter are as follows:

- Earnings: $217.4 million compared to $207.1 million last year

- Earnings per Share (EPS): $2.07, up from $1.95 last year

- Revenue: $1.056 billion, an increase from $908.8 million last year

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