LPL Finl Hldgs Q2 2024 Adj EPS $3.88 Beats $3.70 Estimate, Sales $2.932B Beat $2.886B Estimate
Portfolio Pulse from Benzinga Newsdesk
LPL Financial Holdings (NASDAQ:LPLA) reported Q2 2024 adjusted EPS of $3.88, beating the estimate of $3.70. Sales were $2.932 billion, surpassing the $2.886 billion estimate. Despite a slight decrease in EPS from last year, sales increased by 18.75%.
July 25, 2024 | 8:12 pm
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LPL Financial Holdings reported Q2 2024 adjusted EPS of $3.88, beating the estimate of $3.70. Sales were $2.932 billion, surpassing the $2.886 billion estimate. Despite a slight decrease in EPS from last year, sales increased by 18.75%.
LPL Financial Holdings exceeded both EPS and sales estimates for Q2 2024. The positive earnings surprise and significant sales growth are likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100