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Benzinga

Business

Avi Kapoor

These Analysts Boost Their Forecasts On Charles Schwab Following Better-Than-Expected Q3 Results

SCHW Charles Schwab

Charles Schwab

Charles Schwab Corporation (NYSE:SCHW) reported better-than-expected earnings for the third quarter.

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. Quarterly sales of $6.135 billion (+27% Y/Y) outpaced the Street view of $6.009 billion.

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