CBOE Global (CBOE) Q1 Earnings and Revenues Beat Estimates

Core Viewpoint - CBOE Global (CBOE) reported quarterly earnings of $2.50 per share, exceeding the Zacks Consensus Estimate of $2.36 per share, and showing an increase from $2.15 per share a year ago [1][2] Financial Performance - The earnings surprise for the quarter was 5.93%, with the company having surpassed consensus EPS estimates three times over the last four quarters [2] - CBOE's revenues for the quarter were $565.2 million, surpassing the Zacks Consensus Estimate by 1.54%, and up from $502.1 million year-over-year [3] Stock Performance - CBOE shares have increased approximately 13.2% since the beginning of the year, contrasting with a -4.7% decline in the S&P 500 [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.34 on revenues of $559.87 million, and for the current fiscal year, it is $9.41 on revenues of $2.24 billion [8] - The Zacks Rank for CBOE is 2 (Buy), indicating expectations for the stock to outperform the market in the near future [7] Industry Context - The Securities and Exchanges industry, to which CBOE belongs, is currently ranked in the top 6% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [9]