Cboe Global (CBOE) Q4 Earnings Surpass, Revenues Rise Y/Y

Cboe Global Markets, Inc. (CBOE) reported fourth-quarter 2023 adjusted earnings of $2.06 per share, which outpaced the Zacks Consensus Estimate by 2%. The bottom line increased 14% year over year.The quarter witnessed improved adjusted revenues, an increase in net transaction and clearing fees, as well as access and capacity fees, offset by higher expenses. Operational DetailsTotal adjusted revenues of CBOE Global were $499 million, which increased 9% year over year, driven by a rise in derivatives markets ...