CHICAGO (AP) — CHICAGO (AP) — CBOE Global Markets, Inc. (CBOE) on Friday reported third-quarter net income of $300.8 million.
The Chicago-based company said it had net income of $2.85 per share. Earnings, adjusted for one-time gains and costs, were $2.67 per share.
The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.53 per share.
The holding company for the Chicago Board Options Exchange posted revenue of $1.14 billion in the period. Its adjusted revenue was $605.5 million, which also beat Street forecasts. Six analysts surveyed by Zacks expected $592.8 million.
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