On Thursday, January 16, Charles Schwab SCHW will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Sell-side analysts expect Charles Schwab's EPS to be near 63 cents on sales of $2.59 billion.
If the company were to report inline earnings when it publishes results Thursday, quarterly profit would be down 3.08%. Revenue would be down 2.96% from the year-ago period. Here's how the Charles Schwab's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2019 | Q2 2019 | Q1 2019 | Q4 2018 |
EPS Estimate | 0.650 | 0.660 | 0.67 | 0.64 |
EPS Actual | 0.740 | 0.660 | 0.690 | 0.65 |
Stock Performance
Over the last 52-week period, shares are up 8.93%. Given that these returns are generally positive, long-term shareholders are probably content going into this earnings release. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The most common rating from analysts on Charles Schwab stock is a Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Charles Schwab is scheduled to hold a conference call at 8:00 a.m. ET and can be accessed here: https://www.aboutschwab.com/investors
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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