Categories AlphaGraphs, Earnings, Finance
Charles Schwab Corp. (SCHW) Q3 earnings beat estimates amid 87% revenue growth
Financial services company The Charles Schwab Corporation (NYSE: SCHW) on Friday reported strong revenue and earnings growth for the third quarter. The numbers also beat Wall Street’s forecast.
Third-quarter revenues increased to $4.57 billion from $2.45 billion last year. Analysts were looking for slower growth.
Adjusted earnings rose to $0.84 per share in the most recent quarter from $0.51 per share in the same period of last year and came in above the consensus forecast. Net income, including one-off items, was $1.53 billion or $0.74 per share, compared to $698 million or $0.48 per share in the third quarter of 2020.
The company’s stock reached a record high this month, after gaining steadily for more than a year. It made strong gains on Friday morning following the earnings release, after closing the last session higher.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
_________________________________________________________________________________________________________________
Most Popular
CCL Earnings: Carnival Corp. Q4 2024 revenue rises 10%
Carnival Corporation & plc. (NYSE: CCL) Friday reported strong revenue growth for the fourth quarter of 2024. The cruise line operator reported a profit for Q4, compared to a loss
Key metrics from Nike’s (NKE) Q2 2025 earnings results
NIKE, Inc. (NYSE: NKE) reported total revenues of $12.4 billion for the second quarter of 2025, down 8% on a reported basis and down 9% on a currency-neutral basis. Net
FDX Earnings: FedEx Q2 2025 adjusted profit increases; revenue dips
Cargo giant FedEx Corporation (NYSE: FDX), which completed an organizational restructuring recently, announced financial results for the second quarter of 2025. Second-quarter earnings, excluding one-off items, were $4.05 per share,
