CBOE Global Markets Reports Earnings Slightly Above Expectations

CBOE Global Markets (CBOE) reported a profit of $218.5 million in the third quarter, with earnings per share of $2.07. Adjusted earnings per share, excluding one-time gains and costs, came in slightly above expectations at $2.22, compared to the anticipated $2.19.

The holding company of the Chicago Board Options Exchange reported revenues of $1.0557 billion during this period, with adjusted revenue at $532 million, slightly above the expected $530.8 million.

CBOE shares have risen by 19% year-to-date and increased by 30% over the past 12 months. However, in pre-market trading today, the stock declined by 1%.