Cboe Global Markets Inc
CBOE: BATS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| BGZ | LOCK|!L!l | LOCK|$m%L%%x |
Cboe Earnings: Surging Option Volume and Cost Savings Drive Explosive Earnings Growth
Cboe reported very strong second-quarter earnings as the firm benefited from strong trading volume, accelerated data revenue growth, and effective cost management. Net revenue increased 25% from last year to $731 million, while diluted earnings per share jumped 50% to $3.35.
