LPL Financial Holdings Inc reports results for the quarter ended December 31 - Earnings Summary

LPL Financial Holdings

30/01/2025 22:02

* LPL Financial Holdings Inc  LPLA.OQ  reported quarterly
adjusted
earnings of $4.25​​ per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of $3.51.  The mean expectation of sixteen analysts
for the quarter was for earnings of $3.94 per share. Wall Street
expected results to range from $3.67  to $4.21 per share.
    * Revenue rose 34.2% to $3.51 billion from a year ago;
analysts
expected $3.31 billion. 
    * LPL Financial Holdings Inc's reported EPS for the quarter
was
$3.59​.
    * The company reported quarterly net income of $270.75
million.
    * LPL Financial Holdings Inc shares had risen by 10.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days, seven analysts negatively revised
earnings
estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "strong buy" or "buy," 1
"hold" and 1 "sell" or "strong sell." 
    * The average consensus recommendation for the investment
banking
& brokerage services peer group is also "buy"

Wall Street's median 12-month price target for LPL Financial
Holdings Inc is $390.00 
This summary was machine generated from LSEG data January 30 at
10:02 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      3.94           4.25           Beat
 Sep. 30 2024      3.71           4.16           Beat
 Jun. 30 2024      3.70           3.88           Beat
 Mar. 31 2024      3.81           4.21           Beat