The Charles Schwab Corporation (SCHW), based in Westlake, Texas, operates as a savings and loan holding company. With a market cap of $131.8 billion, Charles Schwab provides various services including wealth management, securities brokerage, banking, asset management, custody, and financial advisory through its subsidiaries. It is expected to announce its fiscal Q2 earnings for 2024 on Tuesday, July 16.
Ahead of the event, analysts expect Charles Schwab to report a profit of $0.76 per share, up 1.3% from $0.75 per share reported in the year-ago quarter. The company has consistently surpassed Wall Street’s EPS estimate over the past four quarters.
