CHICAGO (AP) _ CBOE Global Markets, Inc. (CBOE) on Friday reported second-quarter profit of $105.2 million.
On a per-share basis, the Chicago-based company said it had profit of 98 cents. Earnings, adjusted for one-time gains and costs, came to $1.38 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.
The holding company for the Chicago Board Options Exchange posted revenue of $800.8 million in the period. Its adjusted revenue was $350.6 million, also topping Street forecasts. Five analysts surveyed by Zacks expected $344.9 million.
CBOE shares have climbed 25% since the beginning of the year. The stock has increased 30% 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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