Earnings Preview: What To Expect From Cboe Global Markets’ Report

Core Insights - Cboe Global Markets, Inc. is a major stock exchange operator in the U.S. with a market cap of $24.8 billion, involved in various segments including Options, Equities, Futures, and Digital [1] Financial Performance - Analysts anticipate Cboe to report an adjusted profit of $2.46 per share for Q3, reflecting a 10.8% increase from $2.22 in the same quarter last year [2] - For fiscal 2025, adjusted EPS is expected to reach $9.81, a 13.9% increase from $8.61 in fiscal 2024, with further growth projected to $10.29 in fiscal 2026, representing a 4.9% year-over-year increase [3] Stock Performance - Cboe's stock has increased by 11.1% over the past 52 weeks, which is slightly below the Financial Select Sector SPDR Fund's 11.5% and the S&P 500 Index's 16.2% gains during the same period [4] - Following the release of strong Q2 results, Cboe's stock rose by 2.8%, with net revenues growing 14.3% year-over-year to $587.3 million, surpassing expectations [5] Analyst Ratings - The consensus rating for Cboe is "Hold," with 18 analysts providing varied opinions: three "Strong Buys," one "Moderate Buy," 12 "Holds," and two "Strong Sells." The mean price target is $248.20, indicating a potential upside of 4.6% from current levels [6]