CBOE Earnings Prediction
The chart below shows how CBOE performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CBOE sees a -2.01% change in stock price 10 days leading up to the earnings, and a +1.08% change 10 days following the report. On the earnings day itself, the stock moves by +2.01%. This data can give you a slight idea of what to expect for the next quarter's release.
CBOE Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
581.50M
4.01%
-1.64%
Gross Margin
--
--
--
Operating Margin
51.44%
-2.02%
-1.08%
Net Margin
33.79%
-10.89%
-8.58%
EPS
1.86
-6.06%
-10.14%
No Data Available
CBOE Earnings Analysis
Cboe Global Markets, Inc. Corporation (CBOE.BAT) Earnings Conference Call
Positive
Net Revenue Increase: Net revenue grew 5% year-over-year to $524.5 million in Q4 2024, contributing to a record annual net revenue of $2.1 billion, an 8% increase from the previous year.
Earnings Per Share Growth: Adjusted diluted earnings per share increased by 2% to $2.10 in Q4 2024, culminating in a record annual adjusted diluted EPS of $8.61, up 10% year-over-year.
Derivatives Revenue Surge: The Derivatives business achieved an 8% increase in organic net revenue for 2024, with total options volume reaching a record 3.8 billion contracts traded, averaging nearly 15 million contracts daily.
Organic Revenue Growth: Cash and spot markets saw a robust 14% year-over-year increase in organic net revenue for Q4 2024, driven by strong trading volumes across all regional equities markets.
Shareholder Returns Overview: Cboe returned a total of $454 million to shareholders in 2024 through dividends and share repurchases, representing 50% of adjusted earnings for the year.
Negative
Earnings Miss Report: Cboe Global Markets, Inc. misses on earnings expectations. Reported EPS is $1.87 EPS, expectations were $2.13.
Operating Expenses Increase: Adjusted operating expenses increased 7% to $205 million for the quarter, driven by higher travel and promotional expenses as well as technology support services expenses.
Contract Revenue Decline: Revenue per contract decreased 5% as index options represented a lower percentage of total options volume during the quarter.
Futures Revenue Decline: Futures net revenue decreased 7% from the fourth quarter of 2023 with lower net transaction and clearing fees reflecting a 12% decrease in ADV.
Organic Revenue Growth Guidance: 2025 guidance for total organic net revenue growth is expected to be in the mid-single digit range, indicating a slowdown compared to previous growth rates.
CBOE FAQs
How does CBOE typically perform around its earnings report dates?
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CBOE Earning Call Sentiment
Cboe Global Markets, Inc. (AMEX:CBOE) Q4 2024 Earnings Call Transcript
CBOE.BAT
-0.82%Positive
The earnings call summary reveals strong financial performance with revenue and EPS growth, increased share repurchase authorization, and positive market reception of new products. Despite higher expenses, the company maintains a solid financial position with robust cash reserves. The Q&A section shows optimistic analyst sentiment, particularly regarding growth prospects with Robinhood and AI initiatives. The raised revenue guidance and shareholder returns further enhance the positive outlook. Although there are some uncertainties, such as the CEO succession plan, the overall sentiment is positive, suggesting a potential stock price increase of 2% to 8%.
