CBOE Global (CBOE) Beats Q2 Earnings and Revenue Estimates

Company Performance - CBOE Global reported quarterly earnings of $2.46 per share, exceeding the Zacks Consensus Estimate of $2.42 per share, and up from $2.15 per share a year ago [1] - The earnings surprise for this quarter was +1.65%, following a previous quarter surprise of +5.93% where actual earnings were $2.50 compared to an expected $2.36 [2] - The company achieved revenues of $587.3 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.63% and increasing from $513.8 million year-over-year [3] Market Performance - CBOE shares have increased approximately 23.4% since the beginning of the year, significantly outperforming the S&P 500's gain of 7.8% [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.29 on revenues of $558.16 million, and for the current fiscal year, it is $9.58 on revenues of $2.26 billion [8] - The Zacks Rank for CBOE is currently 3 (Hold), indicating expected performance in line with the market in the near future [7] Industry Context - The Securities and Exchanges industry, to which CBOE belongs, is currently ranked in the top 10% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [9]