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Charles Schwab announced earnings per share of $0.74 on revenue of $4.18B. Analysts polled by Investing.com anticipated EPS of $0.6497 on revenue of $4.1B.
Charles Schwab shares are up 1% from the beginning of the year, still down 5.30% from its 52 week high of $62.04 set on January 12. They are outperforming the S&P 500 which is up 0.32% from the start of the year.
Charles Schwab shares gained 1.82% in pre-market trade following the report.
Charles Schwab’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.
Bank of America had beat expectations on Tuesday with fourth quarter EPS of $0.59 on revenue of $20.10B, compared to forecast for EPS of $0.5474 on revenue of $20.56B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar
