CBOE Global Markets, Inc. Q4 Profit Increases, beats estimates

(RTTNews) - CBOE Global Markets, Inc. (CBOE) announced earnings for its fourth quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line came in at $210.8 million, or $1.98 per share. This compares with $159.0 million, or $1.49 per share, in last year's fourth quarter.

Excluding items, CBOE Global Markets, Inc. reported adjusted earnings of $218.8 million or $2.06 per share for the period.

Analysts on average had expected the company to earn $2.03 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 3.1% to $968.7 million from $1.00 billion last year.

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

-Earnings (Q4): $210.8 Mln. vs. $159.0 Mln. last year. -EPS (Q4): $1.98 vs. $1.49 last year. -Analyst Estimate: $2.03 -Revenue (Q4): $968.7 Mln vs. $1.00 Bln last year.