Charles Schwab Corp reports results for the quarter ended December 31 - Earnings Summary

• Charles Schwab Corp SCHW.N reported quarterly adjusted earnings of $1.01​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 68 cents. The mean expectation of nineteen analysts for the quarter was for earnings of 91 cents per share. Wall Street expected results to range from 86 cents to 95 cents per share.

• Revenue rose 19.5% to $5.33 billion from a year ago; analysts expected $5.19 billion.

• Charles Schwab Corp's reported EPS for the quarter was 94 cents​.

• The company reported quarterly net income of $1.72 billion.

• Charles Schwab Corp shares had risen by 3.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 4.8% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 15 "strong buy" or "buy," 6 "hold" and 2 "sell" or "strong sell."

• The average consensus recommendation for the investment banking & brokerage services peer group is also "buy"

Wall Street's median 12-month price target for Charles Schwab Corp is $86.00

This summary was machine generated from LSEG data January 21 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)