Edition:
United Kingdom

Cboe Global Markets Reports Fourth Quarter 2018 Results


Friday, 8 Feb 2019 

Feb 8 (Reuters) - Cboe Global Markets Inc ::ADJUSTED DILUTED EPS FOR THE FOURTH QUARTER OF $1.54.SEES 2019 CAPITAL EXPENDITURES TO BE $50 TO $55 MILLION.Q4 EARNINGS PER SHARE $1.23.NET REVENUE FOR Q4 OF $334.4 MILLION, UP 26 PERCENT.ON TRACK TO ACHIEVE 2020 RUN-RATE SYNERGY TARGET OF $85 MILLION.EXITED 2018 WITH RUN-RATE SYNERGIES OF $57 MILLION.SEES 2019 ADJUSTED OPERATING EXPENSES TO BE $420 TO $428 MILLION.SEES 2019 ADJUSTED OPERATING EXPENSES IN A RANGE OF $420 MILLION TO $428 MILLION.QTRLY TOTAL COMPANY OPTIONS ADV 8.6 MILLION VERSUS ABOUT 7 MILLION REPORTED LAST YEAR.SEES 2019 CAPITAL EXPENDITURES TO BE IN THE RANGE OF $50 MILLION TO $55 MILLION.SEES 2019 EFFECTIVE TAX RATE ON ADJUSTED EARNINGS TO BE 27 TO 29 PERCENT.QTRLY TOTAL FUTURES ADV 338,000 VERSUS 285,000 REPORTED LAST YEAR.AT DECEMBER 31, 2018, HAD ADJUSTED CASH AND FINANCIAL INVESTMENTS OF $257.7 MILLION.Q4 EARNINGS PER SHARE VIEW $1.37, REVENUE VIEW $324.9 MILLION -- REFINITIV IBES DATA.