Charles Schwab Q1 2024 Adj. EPS $0.74, Inline, Sales $4.740B Beat $4.714B Estimate
Portfolio Pulse from Benzinga Newsdesk
Charles Schwab reported Q1 2024 earnings per share of $0.74, meeting analyst estimates, with sales of $4.740B surpassing the $4.714B forecast, a 7.35% decrease from the previous year.

April 15, 2024 | 12:02 pm
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Charles Schwab met Q1 2024 EPS estimates and exceeded sales forecasts, showing resilience despite a year-over-year sales decrease.
Meeting EPS estimates and exceeding sales forecasts typically have a positive impact on investor sentiment and stock price in the short term. The decrease in sales year-over-year is a concern, but the ability to still surpass expectations may mitigate negative perceptions.
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RELEVANCE 100