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CBOE: 2Q Earnings Snapshot

August 2, 2019

CHICAGO (AP) _ CBOE Holdings Inc. (CBOE) on Friday reported second-quarter profit of $87.6 million.

On a per-share basis, the Chicago-based company said it had profit of 78 cents. Earnings, adjusted for one-time gains and costs, came to $1.13 per share.

The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.

The holding company for the Chicago Board Options Exchange posted revenue of $620.6 million in the period. Its adjusted revenue was $283.2 million, falling short of Street forecasts. Four analysts surveyed by Zacks expected $283.3 million.

CBOE shares have climbed 17% since the beginning of the year. The stock has risen 19% in the last 12 months.

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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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