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Cboe Global Markets Inc (CBOE)
BATS:CBOE
Earnings Data
Report Date
May 02, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
2.28Last Year’s EPS
2.15Same Quarter Last Year
Moderate Buy
Based on 11 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 07, 2025
|% Change Since: 4.23%
|Next Earnings Date:May 02, 2025
Earnings Call Sentiment|Positive
The earnings call reflected a generally positive sentiment, highlighting strong annual performance, record figures in key business areas, and strategic initiatives such as the partnership with Robinhood and the launch of Cboe Titanium. However, there were some challenges with decreasing futures revenue and rising operating expenses.Company Guidance
During Cboe Global Markets' fourth-quarter earnings call, the company reported a 5% year-over-year increase in net revenue, reaching $524.5 million, and a 2% rise in adjusted diluted earnings per share, hitting $2.10. For the full fiscal year 2024, Cboe achieved an 8% increase in net revenue, totaling $2.1 billion, and a 10% boost in adjusted diluted earnings per share to $8.61. The Derivatives business saw a notable performance with a total volume of 3.8 billion contracts traded and an average daily volume (ADV) of nearly 15 million contracts. SPX and VIX options achieved record volumes, with SPX options reaching an ADV of 3.1 million contracts, and VIX options an ADV of 830,000 contracts. The Data Vantage segment grew its organic net revenue by 7%, driven by enhancements in technology and global distribution. The company also outlined a guidance for 2025, expecting mid-single-digit growth in total organic net revenue and mid to high-single-digit growth in Data Vantage organic net revenue. Cboe plans to manage adjusted expenses between $837 million and $852 million, with a focus on strategic investments and disciplined expense management.Record-Breaking Annual Results
Cboe Global Markets achieved record net revenue of $2.1 billion in 2024, an 8% increase from the previous year, and a record adjusted diluted EPS of $8.61, marking a 10% growth.
Strong Derivatives Business Performance
The Derivatives business saw organic net revenue increase by 8%, with a record-breaking 3.8 billion contracts traded in 2024, driven by SPX and VIX options reaching record volumes.
Growth in Data Vantage Business
Data Vantage business reported a 7% increase in organic net revenue in 2024, supported by technology investments and global market reach.
Cash and Spot Markets Growth
Organic net revenue in Cash and Spot Markets increased by 10%, driven by healthy trading volumes across all regional equities markets.
Retail Expansion via Robinhood Partnership
Cboe's index options are now available to all Robinhood customers, expanding retail access and adoption potential.
Introduction of Cboe Titanium
Cboe unveiled its new unified technology platform, Cboe Titanium, enhancing trading technology and market participant experiences.
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CBOE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CBOE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 07, 2025 | $206.37 | $210.53 | +2.02% |
| Nov 01, 2024 | $212.31 | $208.76 | -1.67% |
| Aug 02, 2024 | $184.09 | $192.05 | +4.32% |
| May 03, 2024 | $172.02 | $177.50 | +3.19% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Cboe Global Markets Inc (CBOE) report earnings?
Cboe Global Markets Inc (CBOE) is schdueled to report earning on May 02, 2025, TBA Not Confirmed.
What is Cboe Global Markets Inc (CBOE) earnings time?
Cboe Global Markets Inc (CBOE) earnings time is at May 02, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CBOE EPS forecast?
CBOE EPS forecast for the fiscal quarter 2025 (Q1) is 2.28.
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