CBOE Holdings (CBOE) Tops Q3 EPS by 2c; Updates Certain FY16 Guidance

CBOE Holdings (NASDAQ: CBOE) reported Q3 EPS of $0.58, $0.02 better than the analyst estimate of $0.56. Revenue for the quarter came in at $456.2 million versus the consensus estimate of $158.27 million.

2016 Fiscal Year Financial Guidance

The company updated its financial guidance for the 2016 fiscal year as follows:

• Core operating expenses for the 2016 fiscal year are expected to be slightly below the company's guidance range of $211.0 million to $215.0 million.(2)
• Depreciation and amortization expense is expected to be slightly below the range of $46.0 million to $48.0 million.
• Capital expenditures are expected to be slightly below the range of $47.0 million to $49.0 million.

For earnings history and earnings-related data on CBOE Holdings (CBOE) click here.

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