© Reuters. Charles Schwab Earnings, Revenue Beat in Q3
Investing.com – Charles Schwab (NYSE:) reported on Monday third quarter that beat analysts’ forecasts and revenue that topped expectations.
Charles Schwab announced earnings per share of $1.10 on revenue of $5.50. Analysts polled by Investing.com anticipated EPS of $1.05 on revenue of $5.42B.
Charles Schwab shares are down 17% from the beginning of the year, still down 28.33% from its 52 week high of $96.24 set on February 9.
Charles Schwab shares gained 2.06% in pre-market trade following the report.
Charles Schwab follows other major Financial sector earnings this month
Charles Schwab’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.78 on revenue of $23.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
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