The Charles Schwab Earnings, Revenue Beat in Q1

The Charles Schwab Earnings, Revenue Beat in Q1

The Charles Schwab Earnings, Revenue Beat in Q1
Stock Market
Monday, April 15, 2019 - 12:47

Investing.com - The Charles Schwab (NYSE:SCHW) reported first quarter earnings that Beat analysts' expectations on Monday and revenue that topped forecasts.

The firm reported earnings per share of $0.69 on revenue of $2.72B. Analysts polled by Investing.com expected EPS of $0.66 on revenue of $2.68B. That compared to EPS of $0.55 on revenue of $2.4B in the same period a year earlier. The company had reported EPS of $0.65 on revenue of $2.67B in the previous quarter.

The Charles Schwab shares gained 0.88% to trade at $45.75 in pre-market trade following the report.

The Charles Schwab follows other major Financial sector earnings this month


On Friday, JPMorgan reported first quarter EPS of $2.65 on revenue of $29.85B, compared to forecasts of EPS of $2.35 on revenue of $28.44B.

Wells Fargo&Co earnings Beat analysts' expectations on Friday, with first quarter EPS of $1.2 on revenue of $21.61B. Investing.com analysts expected EPS of $1.11 on revenue of $20.99B

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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