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Charles Schwab Earnings, Revenue Beat in Q3 By Investing.com

by Mike Robinson

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© Reuters. Charles Schwab Revenue Beats in Q3

Investing.com Charles Schwab (NYSE:) Monday’s third quarter report showed revenue exceeding expectations and beating analysts’ predictions.

Charles Schwab reported earnings per share at $0.84 for revenue of $4.57B. Investing.com polled analysts and predicted an EPS of $0.8043 for revenue of $4.51B.

Charles Schwab shares rose 47% over the first of the year but are down 1.06% from their 52-week peak of $78.94, which was set on October 11. They are outperforming the S&P 500 which is up 18.16% from the start of the year.

Charles Schwab continues to follow other important earnings from the Financial sector this month

Charles Schwab’s Wednesday earnings beat was achieved by JPMorgan, reporting EPS $3.74 for revenue $30.44B. This compares to JPMorgan forecasts of EPS $3 on revenue $29.86B.

UnitedHealth beat all expectations with a third quarter earnings per share of $4.52 on $72.34B in revenue, as compared to EPS forecasts of $4.41 for $71.3B.

Keep up to date with all the earnings reports coming soon by visiting Investing.com’s earnings calendar

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