Categories AlphaGraphs, Earnings, Finance

Charles Schwab (SCHW) Q1 revenue down 1%; earnings miss estimates

Financial services company The Charles Schwab Corporation (NYSE: SCHW) on Monday reported lower earnings and revenues for the first quarter of 2022. The numbers also missed Wall Street’s forecast.

The Charles Schwab Corporation Q1 2022 earnings infographic

Total revenues decreased 1% year-over-year to $4.67 billion in the first three months of fiscal 2022. The number also missed Wall Street’s estimates.

Net profit, on an adjusted basis, dropped to $0.77 per share during the quarter from $0.84 per share in the same period of last year and missed the consensus forecast. Unadjusted net income was $1.28 billion or $0.67 per share, compared to $1.48 billion or $0.73 per share last year.


Check this space to read management/analysts’ comments on Charles Schwab’s Q1 2022 results


Charles Schwab’s stock has gained about 28% in the past twelve months. It declined on Monday morning following the earnings release, after closing the last session Lower.

  • The Charles Schwab Corporation Q4 2021 earnings infographic
  • The Charles Schwab Corporation Q3 2021 earnings infographic
  • Charles schwab earnings

_________________________________________________________________________________________________________________

Stocks you may like:

Bank of America (BAC) Stock

Wells Fargo (WFC) Stock

JPMorgan Chase (JPM) Stock

Citigroup (C) Stock

Goldman Sachs (GS) Stock

Morgan Stanley (MS) Stock

_________________________________________________________________________________________________________________

Most Popular

Infographic: How Starbucks (SBUX) performed in Q1 2023

Starbucks Corporation (NASDAQ: SBUX) reported first quarter 2023 earnings results today. Consolidated net revenues increased 8% year-over-year to $8.7 billion, in line with projections.   Global comparable store sales increased

Earnings: Google parent Alphabet (GOOG, GOOGL) reports lower Q4 profit

Alphabet Inc. (NASDAQ: GOOGL, GOOG) on Thursday reported a 1% increase in fourth-quarter 2022 revenues, with strong contributions from the cloud business. The company, which owns the largest internet search

HOG Earnings: Key quarterly highlights from Harley-Davidson’s Q4 2022 financial results

Harley-Davidson, Inc. (NYSE: HOG) reported fourth quarter 2022 earnings results today. Revenue increased 12% year-over-year to $1.14 billion. Net income attributable to Harley-Davidson, Inc. rose 94% YoY to $42 million,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top