Cboe Global Markets Inc
CBOE: BATS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| F?$ | LOCK|<&!% | LOCK|j^?P^d% |
Cboe Earnings: Impressive Earnings Growth on Strong Option Volume and Cost Savings
Cboe reported excellent third-quarter earnings as the benefits of the firm's more focused strategy accrue. Net revenue increased 18% from last year to $712 million. Meanwhile, diluted EPS jumped 43% to $4.08, although this does include a $71.5 million gain from the sale of Cboe Australia.
