CHICAGO (AP) — CHICAGO (AP) — CBOE Global Markets, Inc. (CBOE) on Friday reported fourth-quarter net income of $210.8 million.

The Chicago-based company said it had profit of $1.98 per share. Earnings, adjusted for one-time gains and costs, were $2.06 per share.

The results beat Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.02 per share.

The holding company for the Chicago Board Options Exchange posted revenue of $968.7 million in the period. Its adjusted revenue was $499 million, missing Street forecasts. Eight analysts surveyed by Zacks expected $505.1 million.

For the year, the company reported profit of $757.5 million, or $7.13 per share. Revenue was reported as $1.92 billion.

CBOE shares have risen slightly more than 3% since the beginning of the year. The stock has increased 50% in the last 12 months.

_____

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

For copyright information, check with the distributor of this item, STATS Perform dba Automated Insights. , source Associated Press News