
Westlake, Texas-based The Charles Schwab Corporation (SCHW) operates as a savings and loan holding company. With a market cap of over $133 billion, Charles Schwab provides various services including wealth management, securities brokerage, banking, asset management, custody, and financial advisory. The capital markets giant is expected to release its Q4 earnings on Wednesday Jan. 15.
Ahead of the event, analysts expect Schwab to report adjusted earnings of $0.88 per share, up a staggering 29.4% from $0.68 per share reported in the year-ago quarter. Furthermore, the company has matched or surpassed analysts’ earnings estimates in each of the past four quarters. Its adjusted EPS for the last reported quarter remained flat at $0.77, exceeding analysts’ estimates by 2.7%.