Preview: Charles Schwab's Earnings
Portfolio Pulse from Benzinga Insights
Charles Schwab (NYSE:SCHW) is set to release its quarterly earnings report on 2023-10-16. Analysts estimate an EPS of $0.75. Last quarter, the company beat EPS by $0.04, resulting in a 0.05% increase in share price the next day. Shares were trading at $51.51 as of October 12, with a 52-week decrease of 22.9%.
October 13, 2023 | 2:00 pm
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Charles Schwab is expected to report an EPS of $0.75 in its upcoming earnings. The company's stock price increased by 0.05% the day after it beat EPS estimates last quarter.
The upcoming earnings report is highly relevant to Charles Schwab's stock. However, the impact on the stock price will depend on whether the company meets, exceeds, or falls short of the EPS estimate, as well as the guidance provided for the next quarter. Last quarter's EPS beat led to a slight increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100