Cboe Global Markets Reports 2019 Fourth Quarter and Full Year Results
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Cboe Global Markets (CBOE) Tops Q4 EPS by 13c, Revenues Beat
February 7, 2020 7:32 AM ESTCboe Global Markets (NASDAQ: CBOE) reported Q4 EPS of $1.23, $0.13 better than the analyst estimate of $1.10. Revenue for the quarter came in at $334.4 million versus the consensus estimate of $274.64 million.
"Our fourth quarter results reflect lower year-over-year trading volumes industrywide as lower volatility dampened trading, particularly in our suite of proprietary products, which experienced exceptionally strong trading in 2018's fourth quarter," said Edward T. Tilly, Cboe Global Markets Chairman, President and Chief Executive Officer. "I am pleased to note, however, that in 2019 we significantly strengthened our foundation for further growth by investing in initiatives aimed... More
