Picture of Charles Schwab logo

SCHW Charles Schwab News Story

0.000.00%
us flag iconLast trade - 00:00
FinancialsBalancedLarge CapHigh Flyer

Charles Schwab rises after Q3 results beat estimates

** Shares of brokerage firm Charles Schwab SCHW.N rise 4.6% to $98.65 premarket

** Co reports Q3 adj. EPS of $1.31, beating analysts' estimates of $1.25 - data compiled by LSEG

** Revenue of $6.14 bln also beat estimates of $6.01 bln

** Total client assets at $11.59 trln, 17% growth y-o-y

** 19 of 23 brokerages rate the stock "buy" or higher, three "hold" and one "sell"; their median PT is $110- LSEG data

** Up to last close, SCHW up 27.5% YTD

 (Reporting by Avinash P in Bengaluru)

 ((Avinash.P@Thomsonreuters.com))

Recent news on Charles Schwab

See all news