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Benzinga
Benzinga
Business
Lekha Gupta

Charles Schwab Clocks 27% Revenue Growth, Record Client Assets

Continuing its strong momentum, Charles Schwab Corporation (NYSE:SCHW) reported yet another earnings beat, leading to an increase in stock price.

The company reported third-quarter adjusted earnings per share of $1.31, up 70% year over year (Y/Y), beating the analyst consensus estimate of $1.25.

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