Cboe Global Markets Anticipates Strong Q1 Earnings Report

Cboe Global Markets, Inc. (CBOE), based in Chicago, Illinois, is a leading global exchange operating company. With a market capitalization of $22.7 billion, CBOE provides a comprehensive financial options trading platform that includes advanced trading and investment solutions spanning equities, foreign exchange, indices, data and analytics, as well as trade reporting services. The company, which is recognized as the world’s top derivatives and securities exchange network, is set to announce its fiscal first-quarter earnings for 2025 before markets open on Friday, May 2.

Analysts are projecting that CBOE will report a profit of $2.29 per share on a diluted basis, reflecting a 6.5% increase from $2.15 per share in the same quarter last year. Notably, the company has outperformed consensus estimates in three of the last four quarters, while it did fall short in one instance.

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For the entirety of this fiscal year, analysts expect CBOE to report earnings per share (EPS) of $9.24, marking a 7.3% rise from the $8.61 reported in fiscal 2024. Furthermore, EPS is forecasted to increase 6.7% year-over-year to $9.86 in fiscal 2026.

Over the past 52 weeks, CBOE Stock has outperformed the S&P 500, which gained 3.8%, showing an increase of 18.6% for CBOE during this period. It has similarly surpassed the Financial Select Sector SPDR Fund’s (XLF) growth of 13.1% in the same timeframe.

CBOE’s success can be attributed to strategic expansions, robust recurring revenues, and prudent capital management. The company has enjoyed a 13-year history of dividend growth and has seen rising revenues from its Data Vantage services. With efforts to expand its services globally, acquire new distribution channels, and strengthen its financial position, CBOE is well-prepared for future growth.

On February 7, CBOE shares experienced an uptick of over 2% following the release of its Q4 results. The adjusted EPS of $2.10 fell short of Wall Street’s expectations of $2.13, while revenue at $524.5 million also missed estimates that were set at $525 million.

Currently, analysts maintain a cautious consensus on CBOE Stock, reflected in an overall “Hold” rating. Among the 18 analysts covering the stock, three advocate for a “Strong Buy,” 12 suggest a “Hold,” and three recommend a “Strong Sell.” The average price target set by analysts for CBOE stands at $214.62, indicating limited upside potential from its current trading levels.

On the date of publication, Neha Panjwani did not hold (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article are solely for informational purposes. For additional information, please view the Barchart Disclosure Policy here.

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