Preview: Charles Schwab's Earnings
Portfolio Pulse from Benzinga Insights
Charles Schwab (NYSE:SCHW) is set to release its quarterly earnings report on Tuesday, 2023-07-18, with analysts estimating an earnings per share (EPS) of $0.71. The company's past performance shows a trend of beating EPS estimates, which has often resulted in a share price increase. However, the stock has been trading at $58.52 as of July 14, with a 52-week return of -6.28%.
July 17, 2023 | 7:00 pm
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Charles Schwab is expected to report an EPS of $0.71 in its upcoming earnings report. The company's history of beating EPS estimates could potentially lead to a short-term increase in its share price.
Charles Schwab has a history of beating EPS estimates, which has often resulted in a share price increase. However, the overall 52-week return for the stock is negative, indicating some investor dissatisfaction. The upcoming earnings report could potentially influence the stock's short-term performance, depending on whether the company meets or exceeds the EPS estimate and the guidance it provides for future growth.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100