Cboe Global Markets Exceeds Q3 Earnings and Revenue Estimates
Cboe Global Markets reported third-quarter financial results that surpassed analyst expectations on both the top and bottom lines. The company posted a Non-GAAP earnings per share (EPS) of $3.63, beating estimates by $0.20, while revenue reached $712.2 million, representing a 17.6% increase year-over-year and exceeding projections by approximately $6.26 million. Driven by strong performance, the company has raised its organic total net revenue growth target for 2026 to the 'high teens,' up from its previous guidance of 'mid to high teens.' This upward revision reflects management's confidence in sustained momentum across its business segments.
Tickers: $CBOE