Charles Schwab Q3 Profit Rises 32%; Results Top Estimates

RTTNews | vor 926 Tagen
Charles Schwab Q3 Profit Rises 32%; Results Top Estimates

(RTTNews) - Financial services firm Charles Schwab Corp. (SCHW) reported Monday that net income available to common shareholders for the third quarter grew to $2.02 billion or $0.99 per share from $1.53 billion or $0.74 per share in the year-ago quarter.

Excluding items, adjusted earnings for the quarter were $1.10 per share, compared to $0.84 per share in the prior-year quarter.

Net revenues for the quarter grew 20 percent to $5.50 billion from $4.57 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.05 per share on revenues of $5.41 billion for the quarter. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Charles Schwab Q4 Profit Rises 26%, But Results Miss Estimates

Charles Schwab Q4 Profit Rises 26%, But Results Miss Estimates

Financial services firm Charles Schwab Corp. reported Wednesday a profit for the fourth quarter that increased 26 percent from last year, reflecting 17 percent revenue growth aided by 41 percent rise in net interest revenue. Both earnings per share and quarterly revenues missed analysts' estimates.
RTTNews | vor 833 Tagen
Little Movement Seen For Japan Stock Market

Little Movement Seen For Japan Stock Market

The Japanese stock market has finished higher in five straight sessions, rallying almost 1,850 points or 5 percent along the way. The Nikkei 225 now sits just beneath the 36,050-point plateau and it's likely to hold steady in that neighborhood again on Thursday.
RTTNews | vor 22 Minuten
Japan Rate Decision On Tap For Thursday

Japan Rate Decision On Tap For Thursday

The Bank of Japan will wrap up its monetary policy meeting on Thursday and then announce its decision on interest rates, highlighting a modest day for Asia-Pacific economic activity. The BoJ is widely expected to leave its benchmark lending rate unchanged at 0.50 percent.
RTTNews | vor 1Std 22 Minuten
Pound Falls Against Most Majors

Pound Falls Against Most Majors

The pound weakened against its most major counterparts in the New York session on Wednesday.
RTTNews | vor 4Std 37 Minuten
Swiss Market Ends On Positive Note

Swiss Market Ends On Positive Note

The Switzerland market, which held firm till well past noon on Wednesday after a steady start, suffered a setback in the final hour, but managed to recover in the closing minutes to sign off on a positive note. Easing worries about tariffs and some strong results helped underpin sentiment.
RTTNews | vor 5Std 43 Minuten
TSX Down Nearly 1% Despite Coming Off Early Lows

TSX Down Nearly 1% Despite Coming Off Early Lows

Despite staging a fairly strong recovery after an early setback, the Canadian market remains firmly down in negative territory a little past noon on Wednesday, with stocks from energy, technology and healthcare sectors reeling under selling pressure. Disappointing Canadian and U.S. GDP data, and Trump administration's policy uncertainty are weighing on sentiment.
RTTNews | vor 6Std 56 Minuten