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Benzinga
Benzinga
Business
Adam Eckert

Charles Schwab CEO Walt Bettinger Weighs In On Earnings Results: 'It Was Simply Outstanding'

Charles Schwab Corporation (NYSE:SCHW) is trading lower Tuesday after the company announced fourth-quarter financial results.

What Happened: Schwab reported quarterly adjusted earnings of 86 cents per share, which came in just below the estimate of 87 cents per share. The company reported quarterly revenue of $4.71 billion, which came in below the estimate of $4.77 billion.

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