CBOE Holdings (NASDAQ: CBOE) reported Q1 EPS of $0.61, $0.01 worse than the analyst estimate of $0.62. Revenue for the quarter came in at $162.3 million versus the consensus estimate of $167.01 million.

The company reaffirmed or updated its financial guidance for the 2016 fiscal year as follows:

• Core expenses for the 2016 fiscal year are expected to be in the range of $211.0 million to $215.0 million.
• Continuing stock-based compensation expense included in core expenses is expected to be approximately $13.5 million for the full year.
• In addition, the company expects to recognize accelerated stock-based compensation expense, on a quarterly basis, totaling approximately $1.0 million for the full year. This expense is expected to be reported in compensation and benefits and included in the company's non-GAAP reconciliation as an adjusted financial measure.
• Capital expenditures are expected to be in the range of $47.0 million to $49.0 million.
• Depreciation and amortization expense is expected to be in the range of $46.0 million to $48.0 million.
• The adjusted effective tax rate for full-year 2016 is expected to be in the range of 38.5 percent to 39.5 percent. Significant changes in trading volume, expenses, state and local tax rates and other items, including ongoing state and federal tax audits, could materially impact this expectation.

For earnings history and earnings-related data on CBOE Holdings (CBOE) click here.