CBOE Global Markets, Inc. Q4 Profit Decreases, but beats estimates

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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