LPL Financial beats adjusted profit estimates

LPL Financial Holdings

30/10/2025 20:27

Overview

LPL Financial Q3 adjusted EPS grows 25% yr/yr, beating analyst expectations

Company reports Q3 net loss of $30 mln due to acquisition costs

Total advisory and brokerage assets increase 45% yr/yr to $2.3 trillion

Outlook

Company lowers 2025 Core G&A outlook to $1,860-1,880 mln

Company plans targeted fee adjustments to align with industry standards

LPL aims to complete Commonwealth conversion by Q4 2026 with 90% retention target

Result Drivers

ACQUISITION COSTS - One-time acquisition costs related to Commonwealth impacted net income, resulting in a $30 mln net loss

ASSET GROWTH - Total advisory and brokerage assets rose 45% yr/yr to $2.3 trillion, driven by acquisitions and organic growth

ADJUSTED EPS GROWTH - Adjusted EPS increased 25% yr/yr, reflecting strong operational performance despite acquisition costs

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Beat
$5.20
$4.48 (13 Analysts)
Q3 EPS
-$0.37
Q3 Net Income
-$30 mln
Q3 Gross Profit
$1.48 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

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

Wall Street's median 12-month price target for LPL Financial Holdings Inc is $415.50, about 17.3% above its October 29 closing price of $343.62

Press Release: ID:nGNX4b9jD8

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)