Charles Schwab falls as Q3 revenue falls short of estimate

The Charles Schwab

15/10/2026 19:48

** Shares of financial services and brokerage firm Charles Schwab SCHW.N decline 2.6% to $94.34
** Co reports Q3 revenue of $7.17 billion, missing analysts' estimate of $7.18 billion, according to data compiled by LSEG
** Reports Q3 adj. EPS of $1.69, above analysts' expectations of $1.66
** 19 of 25 brokerages rate the stock "buy" or higher, 5 "hold" and 1 "sell"; median PT $125.44
** Stock trading at 12.40 times expected EPS over the next 12 months, above industry median of 10.92
** Including session's move, SCHW down over 5% YTD 

 (Reporting by Jayasree Prabhu)
 ((jayasree.prabhu@thomsonreuters.com))