Charles Schwab and Interactive Brokers Revenue Double in Bull Market

18 Jan '18 at 4:57 am #14524
ThePitBoss
Participant

Schwab Beats Estimates

Earnings: 41 cents a share, up 14%. Revenue rose 14% to $2.242 billion Beat Estimates of EPS 41 cents on revenue $2.244 billion,

New retail brokerage accounts rose 36% vs. a year earlier to 248,000.
Total accounts were 7.4 million, up 4% year-over-year.