CBOE Global Markets, Inc. (CBOE) announced earnings for fourth quarter that decreased from last year but beat the Street estimates.
The company's earnings totaled $159 million, or $1.49 per share. This compares with $165.3 million, or $1.54 per share, in last year's fourth quarter.
Excluding items, CBOE Global Markets, Inc. reported adjusted earnings of $192.2 million or $1.80 per share for the period.
Analysts on average had expected the company to earn $1.76 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 15.9% to $1.004 billion from $866.4 million last year.
CBOE Global Markets, Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $159 Mln. vs. $165.3 Mln. last year.
-EPS (Q4): $1.49 vs. $1.54 last year.
-Analyst Estimates: $1.76
-Revenue (Q4): $1.004 Bln vs. $866.4 Mln last year.
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