A Sneak Peek At Cboe Global Markets, Inc. ($CBOE) 3Q20 Earnings

Cboe Global Markets, Inc. (NASDAQ:CBOE) is reporting third quarter financial results on Friday 30th October 2020, before market open.

According to analysts surveyed by Thomson Reuters, CBOE is expected to report 3Q20 income of $ 1.06 per share from revenue of $ 285.61 million.

For the full year, analysts anticipate top line of $ 1235.15 million, while looking forward to income of $ 5.14 per share bottom line.

Stock Performance

Shares of Cboe Global Markets, Inc. traded up $ 0.79 or 1.01 percent on Thursday, reaching $ 79.26 with volume of 681.60 thousand shares. Cboe Global Markets, Inc. has traded high as $ 79.72 and has cracked $ 77.68 on the downward trend

According to the previous trading day, closing price of $ 79.26, representing a 8.97 % increase from the 52 week low of $ 72.01 and a 38.66 % decrease over the 52 week high of $ 127.93.

The company has a market capital of $ 8.62 billion and is part of the Financial Services sector and Financial Exchanges industry.

Recent Analyst recommendations

  • On 16th October 2020, upgraded by Rosenblatt Securities to Buy from Neutral rating
  • On 6th October 2020, maintained by Wells Fargo & Co at Overweight rating, with $ 105.00 target price.
  • On 6th October 2020, maintained by Rosenblatt Securities at Neutral rating, with $ 96.00 target price.

Recent Stock Dividend Announcement

The board of directors has authorized quarterly dividend of $ 0.42 per share on August 14, 2020. The dividend were payable on September 15, 2020 to holders of record as of the close of business on August 28, 2020 and ex-dividend date on August 27, 2020.

Conference Call

Cboe Global Markets, Inc. will be hosting a conference call at 8:30 AM eastern time on 30th October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.cboe.com

Cboe Global Markets, Inc., through its subsidiaries, operates as an options exchange in the United States. It operates in five segments: Options, U.S. Equities, Futures, European Equities, and Global FX.

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