Interactive Brokers Gr Q2 Adj $1.32 Misses $1.40 Estimate, Sales $1.00B Miss $1.06B Estimate
Portfolio Pulse from Benzinga Newsdesk
Interactive Brokers (NASDAQ:IBKR) reported Q2 adjusted earnings of $1.32 per share, missing the analyst consensus estimate of $1.42 by 7.04%. The company also reported quarterly sales of $1.00 billion, missing the analyst consensus estimate of $1.05 billion by 4.76%. However, both earnings and sales have increased compared to the same period last year.
July 18, 2023 | 8:02 pm
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NEUTRAL IMPACT
Interactive Brokers missed Q2 earnings and sales estimates, but showed YoY growth. This could lead to mixed investor sentiment.
Interactive Brokers missed the analyst consensus for Q2 earnings and sales, which could negatively impact the stock price. However, the YoY growth in both earnings and sales could offset this negative impact, leading to a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100