From Barchart: 2024-11-01 11:16:00

Cboe Global Markets (NYSE:CBOE) exceeded Q3 expectations with adjusted EPS of $2.22, beating estimates of $2.20. Revenue reached a record $532 million, up 11% YoY, surpassing forecasts of $530.69 million.

CEO Fredric Tomczyk highlighted growth in Derivatives revenue (13%), Cash and Spot Markets (12%), and Data and Access Solutions (6%) compared to last year.

Cboe raised its 2024 organic net revenue growth guidance to 7-9% and adjusted operating expense guidance to $798-808 million. CFO Jill Griebenow cited positive trends and Q4 expectations for the updated forecast, showing confidence in continued growth.



Read more at Barchart:: Cboe Global Markets Raises 2024 Guidance as Q3 Res…