Looking Into Cboe Global Markets's Return On Invested Capital
Portfolio Pulse from Benzinga Insights
Cboe Global Markets reported Q1 earnings of $173.4 million, an 8.58% increase from the previous quarter, and sales of $471.4 million, a 3.13% increase. The company posted a return on invested capital (ROIC) of 4.82%, indicating effective capital allocation. Q1 earnings per share were $1.9, beating analyst predictions of $1.87.
May 19, 2023 | 2:49 pm
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Cboe Global Markets reported strong Q1 earnings and sales growth, with an ROIC of 4.82% indicating effective capital allocation. The company beat analyst EPS predictions.
Cboe Global Markets reported an increase in earnings and sales, as well as a positive ROIC, which indicates effective capital allocation. This suggests that the company is operating efficiently and is likely to achieve favorable long-term returns. Additionally, the company beat analyst EPS predictions, which is a positive sign for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100