Interactive Brokers Gr Q1 2024 Adj EPS $1.64 Beats $1.63 Estimate, Sales $1.22B Beat $1.20B Estimate
Portfolio Pulse from Benzinga Newsdesk
Interactive Brokers Gr (IBKR) reported Q1 2024 adjusted EPS of $1.64, surpassing the $1.63 estimate, with sales of $1.22B exceeding the $1.20B estimate, marking a 15.15% increase from the previous year.
April 16, 2024 | 8:04 pm
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Interactive Brokers Gr reported a Q1 2024 EPS of $1.64, beating estimates, and sales of $1.22B, also above expectations, showing a significant year-over-year growth.
Beating both EPS and sales estimates typically leads to positive investor sentiment and can result in a short-term stock price increase. The reported year-over-year sales growth further strengthens the case for a positive outlook on IBKR's stock in the short term.
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IMPORTANCE 90
RELEVANCE 100