Interactive Brokers Gr Q2 2024 Adj EPS $1.76 Beats $1.74 Estimate, Adj. Net Revenues $1.290B Beat $1.262B Estimate
Portfolio Pulse from Benzinga Newsdesk
Interactive Brokers Group (NASDAQ: IBKR) reported Q2 2024 adjusted EPS of $1.76, beating the estimate of $1.74. The company also reported adjusted net revenues of $1.290 billion, surpassing the estimate of $1.262 billion. This represents a 29% increase over the same period last year.
July 16, 2024 | 8:02 pm
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Interactive Brokers Group (NASDAQ: IBKR) reported Q2 2024 adjusted EPS of $1.76, beating the estimate of $1.74. The company also reported adjusted net revenues of $1.290 billion, surpassing the estimate of $1.262 billion. This represents a 29% increase over the same period last year.
The company's earnings and revenue both exceeded analyst expectations, which is likely to positively impact the stock price in the short term. The significant year-over-year revenue growth further strengthens the positive outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100