Charles Schwab Q3 2024 Adj. EPS $0.77 Beats $0.75 Estimate, Sales $4.847B Beat $4.778B Estimate
Portfolio Pulse from Benzinga Newsdesk
Charles Schwab reported Q3 2024 earnings per share of $0.77, surpassing the analyst estimate of $0.75. The company's sales reached $4.847 billion, exceeding the expected $4.778 billion and marking a 5.23% increase from the previous year.
October 15, 2024 | 11:31 am
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Charles Schwab's Q3 2024 earnings and sales exceeded analyst expectations, with EPS at $0.77 and sales at $4.847 billion, indicating strong financial performance.
The company's earnings per share and sales both exceeded analyst expectations, which is typically viewed positively by investors and can lead to a short-term increase in stock price. The 5.23% year-over-year sales growth further supports a positive outlook.
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