LPL Financial Holdings Inc. reports results for the quarter ended September 30 - Earnings Summary
LPL Financial Holdings Inc. reports results for the quarter ended September 30 - Earnings Summary
LPL Financial Holdings Inc. LPLA.OQ reported quarterly adjusted earnings of $5.97 per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $5.20. The mean expectation of seventeen analysts for the quarter was for earnings of $5.74 per share. Wall Street expected results to range from $5.32 to $6.09 per share.
Revenue rose 17.4% to $5.34 billion from a year ago; analysts expected $5.38 billion.
LPL Financial Holdings Inc.'s reported EPS for the quarter was $4.52.
The company reported quarterly net income of $356.56 million.
LPL Financial Holdings Inc. shares had risen by 3.7% this quarter and lost 11.2% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 3.2% in the last three months.
In the last 30 days, eleven 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," 4 "hold" and no "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 $400.00, about 20.7% above its last closing price of $317.23
This summary was machine generated from LSEG data October 27 at 09:00 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 |
Sep. 30 2026 | 5.74 | 5.97 | Beat |
Jun. 30 2026 | 5.40 | 5.84 | Beat |
Mar. 31 2026 | 5.49 | 5.60 | Beat |
Dec. 31 2025 | 4.93 | 5.23 | Beat |
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LPL Financial Holdings Inc. reports results for the quarter ended September 30 - Earnings Summary
LPL Financial Q3 adjusted EPS beats estimates as client assets rise
Brief: LPL Financial Q3 EPS USD 4.52