Cboe Global Markets' Quarterly Earnings Preview: What You Need to Know
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Cboe Global Markets, Inc. (CBOE), headquartered in Chicago, Illinois, is a global exchange operating company. Valued at $25 billion by market cap, the company operates a financial options trading platform that provides cutting-edge trading and investment solutions, including equities, foreign exchange, indices, data and analytics, and trade reporting solutions. The world's leading derivatives and securities exchange network is expected to announce its fiscal second-quarter earnings for 2025 before the market opens on Friday, Aug. 1.
Ahead of the event, analysts expect CBOE to report a profit of $2.43 per share on a diluted basis, up 13% from $2.15 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion.
For the full year, analysts expect CBOE to report EPS of $9.55, up 10.9% from $8.61 in fiscal 2024. Its EPS is expected to rise 6.1% year-over-year to $10.13 in fiscal 2026.
CBOE stock has outperformed the S&P 500 Index’s ($SPX) 13.6% gains over the past 52 weeks, with shares up 29.7% during this period. Similarly, it outperformed the Financial Select Sector SPDR Fund’s (XLF) 21.4% gains over the same time frame.
CBOE experienced growth in derivatives, cash, and spot markets, as well as Data Vantage, resulting in increased revenues. Higher trading volumes in options, market data fees, and clearing fees also contributed to improved financial performance. With a diverse product line, global expansion, and recurring revenues, CBOE is poised for further growth.
On May 2, CBOE shares closed up more than 2% after reporting its Q1 results. Its adjusted EPS of $2.50 beat the consensus estimates by 5.9%. The company’s adjusted revenue was $565.2 million, beating the consensus mark by 1.5%.
Analysts’ consensus opinion on CBOE stock is cautious, with a “Hold” rating overall. Out of 17 analysts covering the stock, three advise a “Strong Buy” rating, one suggests a “Moderate Buy,” 11 give a “Hold,” and two recommend a “Strong Sell.” While CBOE currently trades above its mean price target of $228.27, the Street-high price target of $254 suggests an upside potential of 6.4%.
On the date of publication, Neha Panjwani did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.