CBOE Global (CBOE) Surpasses Q4 Earnings Estimates
From Nasdaq, Inc.:
CBOE Global (CBOE) reported quarterly earnings of $2.06 per share, beating the Zacks Consensus Estimate of $2.02. The company posted revenues of $499 million for the quarter ended December 2023, missing the Zacks Consensus Estimate by 1.20%. The company has surpassed consensus EPS estimates four times. CBOE shares have added about 3.5% since the beginning of the year versus the S&P 500’s gain of 2.9%.
Coinbase Global, Inc. (COIN) is expected to post quarterly loss of $0.06 per share, representing a year-over-year change of +97.6%. The consensus EPS estimate for the quarter has been revised 55.6% higher over the last 30 days to the current level. The company’s revenues are expected to be $731.94 million, up 16.3% from the year-ago quarter. This company is expected to post quarterly loss of $0.06 per share in its upcoming report, which represents a year-over-year change of +97.6%. The consensus EPS estimate for the quarter has been revised 55.6% higher over the last 30 days to the current level. The current status translates into a Zacks Rank #2 (Buy) for the stock. The current consensus EPS estimate is $2 on $506.7 million in revenues for the coming quarter and $8.24 on $2.03 billion in revenues for the current fiscal year. The Zacks Industry Rank for Securities and Exchanges is currently in the top 24% of the 250 plus Zacks industries. Coinbase Global, Inc. (COIN), another stock in the same industry, has yet to report results for the quarter ended December 2023, with results expected to be released on February 15.
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