DJ Cboe 4Q Revenue Rises, Earnings Eke Out Small Gain
By Allison Prang
Cboe Global Markets Inc. reported higher fourth-quarter revenue from a year earlier and a small increase in earnings.
Revenue was $844.2 million in the period, compared with $598.6 million a year earlier.
Net revenue was $307.1 million, up from $280.3 million a year earlier. Analysts according to FactSet expected $305.3 million for that revenue measure.
The company logged net income of $87.3 million, which rose $1 million from a year earlier. Earnings were 81 cents a share, up from 77 cents a share.
Cboe said adjusted earnings were $1.21 a share. According to FactSet, analysts were expecting $1.23 a share.
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(END) Dow Jones Newswires
February 05, 2021 07:53 ET (12:53 GMT)
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