IntrinsicIntrinsic

Earnings ·

Cboe reports Q3 diluted EPS of $4.08, up 43%, on $712M revenue

CBOECboe Global Markets, Inc.

Cboe Global Markets reported third-quarter net revenue of $712.2 million, an 18% increase year over year, driven by a 22% rise in derivatives business revenue and record data segment performance. Diluted earnings per share reached a quarterly record of $4.08, up 43%, while adjusted diluted EPS grew 36% to $3.63. The company raised its full-year organic total net revenue growth target to the 'high teens' from 'mid to high teens' and lowered adjusted operating expense guidance to $830–$845 million. Additionally, Cboe announced an additional $550 million share repurchase authorization, bringing total available buyback capacity to approximately $1 billion. The company operates global derivatives, equities, and foreign exchange markets.

More from Cboe Global Markets, Inc.

Explore CBOE