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Interactive Brokers Group (IBKR): Q3 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— Interactive Brokers Group (NASDAQ: IBKR) reported third quarter 2019 earnings of $0.45 per share, missing analysts’ target of $0.49.

— Revenue increased 6% to $466 million in Q3 vs. $476.09 million expected.

— Customer accounts surged 16% from the year-ago quarter to 666,000.

— Daily average revenue trades (DARTs) rose 13% year-over-year to 859,000.

— IBKR stock fell about 1% immediately following the earnings announcement.

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