Charles Schwab Q4 Earnings: 32% Profit Jump Predicted
Markets & Money Today | 2 Min News | The Daily News Now! - Un pódcast de The Daily News Now! - Sabados
Categorías:
Charles Schwab set to announce Q4 earnings, expected to surge by over 30% YoY, with analysts predicting a profit of $1.32 per share. The company has consistently exceeded Wall Streets estimates in the last four quarters. Looking ahead, earnings per share could reach $4.81 in 2025 and $5.59 in 2026, indicating a strong growth trajectory. Charles Schwabs stock has outperformed the S&P 500 and financial sector, climbing over 31% in the past year. Recent Q3 results showed impressive growth, with client assets rising by 17% YoY and new asset inflows totaling $137.5 billion. Net revenues surged by over 26% to $6.1 billion, and adjusted earnings per share surged by 70% to $1.31. Analysts maintain a positive outlook, with a Moderate Buy rating and a potential upside of nearly 16% from current levels.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
