CBOE Global (CBOE) Q4 Earnings and Revenues Top Estimates

Core Insights - CBOE Global reported quarterly earnings of $3.06 per share, exceeding the Zacks Consensus Estimate of $2.93 per share, and up from $2.1 per share a year ago [1] - The company achieved a revenue of $671.1 million for the quarter, surpassing the Zacks Consensus Estimate by 1.75%, and an increase from $524.5 million year-over-year [3] Earnings Performance - The earnings surprise for the quarter was +4.52%, following a previous surprise of +5.53% in the last quarter [2] - CBOE has consistently surpassed consensus EPS estimates over the last four quarters [2] Stock Performance - CBOE shares have increased approximately 9.7% since the beginning of the year, contrasting with a 0.7% decline in the S&P 500 [4] Future Outlook - The current consensus EPS estimate for the upcoming quarter is $2.73, with expected revenues of $624.11 million, and for the current fiscal year, the EPS estimate is $11.19 on revenues of $2.52 billion [8] - The Zacks Rank for CBOE is currently 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 20% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [9]