CBOE Holdings Inc (CBOE) reported quarterly earnings results on Friday, Apr-29-2016. The company reported $0.60 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.62. The company posted revenue of $162.33 million in the period, compared to analysts expectations of $165.71 million. The company’s revenue was up 13.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 EPS.
Many Wall Street Analysts have commented on CBOE Holdings Inc. Buckingham Research Initiated CBOE Holdings Inc on Apr 27, 2016 to “Neutral”, Price Target of the shares are set at $70.CBOE Holdings Inc was Downgraded by Credit Agricole to ” Underperform” on Feb 8, 2016.
CBOE Holdings Inc closed down -0.48 points or -0.73% at $65 with 4,43,134 shares getting traded on Wednesday. Post opening the session at $65.35, the shares hit an intraday low of $64.65 and an intraday high of $65.56 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
In a different news, on Apr 20, 2016, William J Brodsky (director) sold 5,000 shares at $63.87 per share price. According to the SEC, on Apr 14, 2016, David S Reynolds (Chief Accounting Officer) sold 2,500 shares at $63.93 per share price. On Apr 5, 2016, Alan J Dean (Executive VP, CFO & Treasurer) sold 3,047 shares at $65.12 per share price, according to the Form-4 filing with the securities and exchange commission.
CBOE Holdings Inc. is a holding company. The Companys principal business is operating markets that offer for trading options on various market indexes (index options) on an exclusive basis and futures contracts as well as on non-exclusive multiply listed options such as options on the stocks of individual corporations (equity options) and options on other exchange-traded products (ETP options) such as exchange-traded funds (ETF options) and exchange-traded notes (ETN options). The Company operates three stand-alone exchanges. CBOE is the Companys options market and offers trading in listed options through a single system that integrates electronic trading and open outcry trading. The options contracts listed for trading include options on indexes equities and ETPs.