CBOE: 4Q Earnings Snapshot

CHICAGO (AP) _ CBOE Holdings Inc. (CBOE) on Friday reported fourth-quarter earnings of $86.1 million.

On a per-share basis, the Chicago-based company said it had profit of 77 cents. Earnings, adjusted for one-time gains and costs, were $1.21 per share.

The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.

The holding company for the Chicago Board Options Exchange posted revenue of $598.6 million in the period. Its adjusted revenue was $280.3 million, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $274.3 million.

For the year, the company reported profit of $372.7 million, or $3.34 per share. Revenue was reported as $1.14 billion.

CBOE shares have increased 3.5% since the beginning of the year. The stock has climbed 31% 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