Cboe Global Markets Earnings Ahead: What Past Reactions Say About The Stock
Cboe Global Markets (BATS:CBOE) is scheduled to report its earnings on Friday, October 30, 2026. The company has a market value of about $33.5 billion. Over the last twelve months it generated $5.1 billion in revenue and $1.8 billion in operating profit, with net income of $1.4 billion.
Nobody knows how the market will take the numbers. What we can measure is how Cboe Global Markets stock has reacted to its past earnings releases, which is useful context for anyone trading around the event.
See the earnings reaction history of all stocks
How Often Has Cboe Global Markets Stock Risen After Earnings?
Some observations on one-day (1D) post-earnings returns, measured from the last close before each release:
- There are 19 earnings releases in the last five years, with 13 positive and 6 negative one-day (1D) returns. Positive 1D returns were seen 68% of the time.
- Over the last three years that share rises to 75%, across 12 releases.
- The median of the 13 positive 1D returns is 3.2%, and the median of the 6 negative ones is -1.4%.
- The largest one-day reactions were 9.0% and -2.0%.
The table below shows the 1D, 5-day (5D) and 21-day (21D) returns after each release, followed by summary statistics.
| Earnings Date | 1D | 5D | 21D |
|---|---|---|---|
| 7/31/2026 | 4.6% | -2.5% | 4.7% |
| 5/1/2026 | 9.0% | 12.8% | 0.5% |
| 2/6/2026 | -0.7% | -1.7% | 9.0% |
| 10/31/2025 | 3.7% | 6.7% | 8.1% |
| 8/1/2025 | 2.8% | 3.5% | -1.8% |
| 5/2/2025 | 2.3% | 3.1% | 4.8% |
| 2/7/2025 | 2.0% | 0.6% | 6.1% |
| 11/1/2024 | -1.7% | -6.5% | -0.5% |
| 8/2/2024 | 4.3% | 9.9% | 10.9% |
| 5/3/2024 | 3.2% | 5.1% | 0.8% |
| 2/2/2024 | -1.1% | -0.3% | 2.8% |
| 11/3/2023 | 4.1% | 8.3% | 12.0% |
| 8/4/2023 | 4.0% | 6.0% | 7.8% |
| 5/5/2023 | -0.4% | 1.4% | -1.1% |
| 2/3/2023 | 2.8% | 4.0% | 4.1% |
| 11/4/2022 | 2.7% | -3.2% | 2.3% |
| 7/29/2022 | -1.8% | -5.2% | -4.2% |
| 4/29/2022 | -2.0% | -3.5% | -2.5% |
| 2/4/2022 | 3.1% | 3.8% | 0.2% |
| Statistic | 1D | 5D | 21D |
|---|---|---|---|
| # Positive | 13 | 12 | 14 |
| # Negative | 6 | 7 | 5 |
| Median Positive | 3.2% | 4.5% | 4.7% |
| Median Negative | -1.4% | -3.2% | -1.8% |
| Max Positive | 9.0% | 12.8% | 12.0% |
| Max Negative | -2.0% | -6.5% | -4.2% |
Does The First Move Carry On?
Another approach is to wait for the initial reaction and ask whether it tends to continue. The table below shows the correlation between the 1D return and the return over the following 5 and 21 trading days, and between the 5D return and the following 21 trading days. A value near 1 means the first move has tended to continue; near -1, to reverse; near 0, no consistent pattern. The strongest relationship over five years is between the 5D and the following 21 days, at -0.52 across 19 releases: the early move has tended to partly reverse. That is a tendency, not a rule, and it can break on any given report.
| History | 1D vs next 5D | 1D vs next 21D | 5D vs next 21D |
|---|---|---|---|
| 5 Years | 0.38 | -0.32 | -0.52 |
| 3 Years | 0.48 | -0.51 | -0.55 |
Is There Any Correlation With Peer Earnings?
CME Group (CME), Nasdaq (NDAQ) and S&P Global (SPGI) usually report about 3 to 9 days before Cboe Global Markets, and have already reported this season. The table compares each peer’s one-day reaction to its own earnings with Cboe Global Markets’ one-day reaction to the report that followed. The correlations are CME (0.08), NDAQ (0.03), SPGI (-0.10); the closer to 1, the more the peer’s reaction has foreshadowed Cboe Global Markets’. Figures this close to 0 show no consistent link.
| CBOE Earnings Date | CBOE 1D | CME 1D | NDAQ 1D | SPGI 1D |
|---|---|---|---|---|
| 7/31/2026 | 4.6% | 5.0% | -0.5% | -3.5% |
| 5/1/2026 | 9.0% | 0.5% | 0.8% | -0.9% |
| 2/6/2026 | -0.7% | 0.5% | -0.6% | n/a |
| 10/31/2025 | 3.7% | -0.3% | 1.7% | 3.9% |
| 8/1/2025 | 2.8% | 0.7% | 5.9% | 4.1% |
| 5/2/2025 | 2.3% | -1.5% | 1.7% | 2.6% |
| 2/7/2025 | 2.0% | n/a | 0.7% | n/a |
| 11/1/2024 | -1.7% | 0.4% | 1.8% | -3.5% |
| 8/2/2024 | 4.3% | -0.1% | 7.2% | -0.3% |
| 5/3/2024 | 3.2% | -1.9% | -2.0% | 0.5% |
| 2/2/2024 | -1.1% | n/a | -1.2% | n/a |
| 11/3/2023 | 4.1% | -0.1% | 4.0% | 7.0% |
| 8/4/2023 | 4.0% | 3.9% | -1.8% | -7.6% |
| 5/5/2023 | -0.4% | -1.5% | 3.1% | 4.6% |
| 2/3/2023 | 2.8% | n/a | -5.8% | n/a |
| 11/4/2022 | 2.7% | -2.2% | -2.1% | 2.5% |
| 7/29/2022 | -1.8% | -3.8% | 6.1% | n/a |
| 4/29/2022 | -2.0% | 5.9% | -4.5% | n/a |
| 2/4/2022 | 3.1% | n/a | -3.1% | n/a |
| Correlation | – | 0.08 | 0.03 | -0.10 |
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