CBOE Holdings Earnings: Everything You Must Know Now

CBOE Holdings, Inc. (NASDAQ:CBOE) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.

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CBOE Holdings, Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 35.14% to $0.50 in the quarter versus EPS of $0.37 in the year-earlier quarter.

Revenue: Rose 17.55% to $142.7 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: CBOE Holdings, Inc. reported adjusted EPS income of $0.50 per share. By that measure, the company beat the mean analyst estimate of $0.47. It beat the average revenue estimate of $139.3 million.

Quoting Management: “Our record first quarter results were driven by continued strong growth in our proprietary products. Trading volume in our VIX Index options and futures continued to reach new records, while trading in our S&P 500 options complex, led by the tremendous growth in our SPX Weeklys, also increased significantly,” said William J. Brodsky, CBOE Holdings Chairman and CEO.

Key Stats (on next page)…

Revenue increased 9.7% from $130.08 million in the previous quarter. EPS increased 11.11% from $0.45 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.47 to a profit $0.49. For the current year, the average estimate has moved up from a profit of $1.85 to a profit of $1.90 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)