CBOE Global Markets, Inc. Q1 Profit Increases, beats estimates

(RTTNews) - CBOE Global Markets, Inc. (CBOE) announced a profit for its first quarter that increased from last year and beat the Street estimates.

The company's earnings came in at $172.6 million, or $1.63 per share. This compares with $109.2 million, or $1.02 per share, in last year's first quarter.

Excluding items, CBOE Global Markets, Inc. reported adjusted earnings of $201.8 million or $1.90 per share for the period.

Analysts on average had expected the company to earn $1.87 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 1.4% to $988.2 million from $974.5 million last year.

CBOE Global Markets, Inc. earnings at a glance (GAAP) :

-Earnings (Q1): $172.6 Mln. vs. $109.2 Mln. last year. -EPS (Q1): $1.63 vs. $1.02 last year. -Analyst Estimate: $1.87 -Revenue (Q1): $988.2 Mln vs. $974.5 Mln last year.