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CBOE Holdings' Q4 Adjusted Earnings Flat, Revenue Rises; Company to Buy Back Additional $200 Million in Shares

· 02/05/2021 03:24

08:13 AM EST, 02/05/2021 (MT Newswires) -- CBOE Global Markets (CBOE) reported Q4 adjusted earnings Friday of $1.21 per diluted share, the same as a year ago. Analysts polled by Capital IQ expected $1.23.

The exchange holding company reported revenue for the quarter ended Dec. 31 less cost of revenues of $307.1 million, up from $280.3 million a year ago. Analysts polled by Capital IQ expected $307 million.

CBOE also announced the board authorized up to an additional $200 million in share repurchases. The company has approximately $399.7 million of remaining availability under its share buyback program.

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