CHICAGO (AP) _ CBOE Global Markets, Inc. (CBOE) on Friday reported first-quarter earnings of $137.2 million.
On a per-share basis, the Chicago-based company said it had profit of $1.27. Earnings, adjusted for one-time gains and costs, were $1.53 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.39 per share.
The holding company for the Chicago Board Options Exchange posted revenue of $1.01 billion in the period. Its adjusted revenue was $365.5 million, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $350.5 million.
CBOE shares have risen 11% since the beginning of the year. The stock has increased 4% in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CBOE at https://www.zacks.com/ap/CBOE
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