Cboe Global Markets, Inc. announced an adjusted earnings of $1.73 per share for the first quarter of 2022, exceeding the Zacks Consensus Estimate by 3.6%. The company's total revenues soared to $418.1 million, reflecting a significant increase from $365.5 million year-over-year, largely attributed to higher trading volumes and a robust demand for market data services. Despite a year-to-date share price decline of 11.6%, Cboe maintained a positive outlook with projected organic net revenue growth of 5% to 7% for the fiscal year.
“Cboe Global Markets, Inc. · is slated to report · first-quarter 2022 earnings · on Apr 29, before the opening bell”
“CBOE · delivered an earnings surprise in · each of the last four quarters · the average being 6.20%”
“Cboe Global estimates interest expenses · between · $12 million and $12.5 million · in the first quarter of 2022”
“Cboe Global Markets, Inc. · is slated to report · first-quarter 2022 earnings · on Apr 29, before the opening bell”
“CBOE · delivered an earnings surprise in · each of the last four quarters · the average being 6.20%”
“Cboe Global · is likely to have gained from · higher volumes across businesses · along with increased demand for data and access solutions”
“Cboe Global · is likely to have benefited from · strong proprietary products · VIX futures, VIX options and SPX options”
“Cboe Global estimates interest expenses · between · $12 million and $12.5 million · in the first quarter of 2022”
“Cboe Global has · an Earnings ESP of · 0.00% · because both the Most Accurate Estimate and the Zacks Consensus Estimate are pegged at $1.67 per share”
“Cboe Global Markets, Inc. · reported · first-quarter 2022 adjusted earnings · $1.73 per share”
“Cboe Global Markets, Inc. · beat · Zacks Consensus Estimate · 3.6%”
“Cboe Global Markets, Inc. · experienced increase in · total revenues · $418.1 million”