LPL Finl Hldgs Q2 Adj EPS $3.94 Beats $3.88 Estimate, Sales $2.47B Beat $2.45B Estimate
Portfolio Pulse from Benzinga Newsdesk
LPL Financial Holdings (NASDAQ:LPLA) reported Q2 adjusted earnings of $3.94 per share, beating the analyst consensus estimate of $3.88 by 1.55%. This is a 75.89% increase from the same period last year. The company also reported quarterly sales of $2.47 billion, beating the analyst consensus estimate of $2.45 billion by 0.73%, a 21.04% increase from the same period last year.
July 27, 2023 | 8:12 pm
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LPL Financial Holdings reported better than expected Q2 earnings and sales, which could positively impact the stock price in the short term.
LPL Financial Holdings reported Q2 earnings and sales that beat analyst estimates. This positive financial performance could increase investor confidence and demand for the stock, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100