Interactive Brokers Gr: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
Interactive Brokers Gr (NASDAQ:IBKR) reported Q4 earnings with an EPS of $1.52, missing estimates by 1.3% against the expected $1.54. Revenue increased by $163 million from the previous year. The company's stock price dropped by 4.12% the day after last quarter's earnings beat, suggesting a potential negative market reaction to the earnings miss.
January 16, 2024 | 9:10 pm
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NEGATIVE IMPACT
Interactive Brokers Gr reported a slight miss in Q4 earnings with an EPS of $1.52, missing the estimate by 1.3%. Despite increased revenue, historical data shows a potential negative reaction to the earnings miss.
Given the earnings miss and historical stock price reaction to past earnings, it is likely that IBKR's stock price may experience short-term negative pressure. However, the increased revenue could mitigate some of the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100