Charles Schwab Q2 Adj. EPS $0.75 Beats $0.71 Estimate, Sales $4.66B Beat $4.61B Estimate
Portfolio Pulse from Benzinga Newsdesk
Charles Schwab reported Q2 earnings of $0.75 per share, beating the analyst consensus estimate of $0.71 by 5.63%. The company's quarterly sales were $4.66 billion, surpassing the analyst consensus estimate of $4.61 billion by 1.00%. However, both earnings and sales have decreased compared to the same period last year.
July 18, 2023 | 11:49 am
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Charles Schwab's Q2 earnings and sales beat estimates, but showed a decrease compared to the same period last year.
While Charles Schwab beat Q2 earnings and sales estimates, the decrease compared to last year's figures may cause some investor concern, potentially balancing out any positive impact from beating estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100