From Nasdaq:

Cboe Global Markets, Inc. (CBOE) is set to report fourth-quarter 2023 earnings on Feb 2. The company beat earnings in the last four quarters, with an average 4.07% surprise. Factors like higher volumes and demand for data are likely to have aided CBOE’s performance. The Zacks Consensus Estimate for Q4 revenues is $505 million, a 10.5% increase from last year.

Cboe Global’s market data and access revenues are expected to benefit from increased access and capacity fees and proprietary market data fees. The Zacks Consensus Estimate for Q4 market data fees and access and capacity fees is pegged at $77 million and $90 million, indicating growth of 7% and 8.4%, respectively. The company also anticipates strong growth in multi-listed options trading and interest expenses in the range of $11-$12 million in the quarter.

Despite a positive Earnings ESP, Cboe Global does not conclusively predict an earnings beat this time. The company has an Earnings ESP of 0.00% and a Zacks Rank of 2 at present. Some stocks worth considering from the finance sector with the perfect combination of elements to surpass estimates are CME Group Inc. (CME), Coinbase Global, Inc. (COIN), and Arch Capital Group Ltd. (ACGL).

Cboe Global is preparing to report strong fourth-quarter earnings, with revenues expected to increase by 10.5% from last year. The company anticipates benefiting from strong proprietary products and solid growth in multi-listed options trading, as well as interest expenses in the range of $11-$12 million for the quarter. Despite a positive Earnings ESP, Cboe Global does not conclusively predict an earnings beat this time. The company has an Earnings ESP of 0.00% and a Zacks Rank of 2 at present. Some stocks worth considering from the finance sector with the perfect combination of elements to surpass estimates are CME Group Inc. (CME), Coinbase Global, Inc. (COIN), and Arch Capital Group Ltd. (ACGL).



Read more: What’s in Store for Cboe Global (CBOE) This Earnings Season?