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

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

The company's earnings came in at $165.3 million, or $1.54 per share. This compares with $87.1 million, or $0.81 per share, in last year's fourth quarter.

Excluding items, CBOE Global Markets, Inc. reported adjusted earnings of $181.7 million or $1.70 per share for the period.

Analysts on average had expected the company to earn $1.53 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.6% to $866.4 million from $844.2 million last year.

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

-Earnings (Q4): $165.3 Mln. vs. $87.1 Mln. last year. -EPS (Q4): $1.54 vs. $0.81 last year. -Analyst Estimate: $1.53 -Revenue (Q4): $866.4 Mln vs. $844.2 Mln last year.