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LPLA — LPL Financial Holdings News Story

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

LPL Financial Holdings Inc LPLA.OQ reported quarterly adjusted earnings of $5.15​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of $4.21.  The mean expectation of fifteen analysts for the quarter was for earnings of $4.67 per share. Wall Street expected results to range from $4.49  to $4.86 per share.

Revenue rose 29.6% to $3.67 billion from a year ago; analysts expected $3.27 billion.

LPL Financial Holdings Inc's reported EPS for the quarter was $4.24​.

The company reported quarterly net income of $318.57 million.

LPL Financial Holdings Inc shares had risen by 2.3% this quarter and gained 2.5% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.5% in the last three months.​

In the last 30 days, five analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "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 $398.50

This summary was machine generated from LSEG data May 9 at 01:53 a.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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20254.675.15Beat
Dec. 31 20243.944.25Beat
Sep. 30 20243.714.16Beat
Jun. 30 20243.703.88Beat

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