earnings
confidence high
sentiment positive
materiality 0.75
Cboe Q3 record net revenue $532M (+11%); adj. EPS $2.22 (+8%); raises revenue guidance
Cboe Global Markets, Inc.
2024-Q3 EPS reported
$5.36
revenue$2,986,900,000
- Diluted EPS $2.07 (+6% YoY); record adjusted diluted EPS $2.22 (+8% YoY).
- Record net revenue of $532.0M, up 11% driven by Derivatives (+13%) and Cash/Spot Markets (+12%).
- Raises 2024 organic total net revenue growth guidance to 7-9% from 6-8%.
- Increases 2024 adjusted operating expense guidance to $798-808M from $795-805M.
- Paid $0.63/share dividend in Q3; repurchased $24.6M of stock at avg price $170.45.