Earnings Preview: Charles Schwab Earnings Expected to Increase Over Last Quarter

Charles Schwab SCHW earnings are right around the corner! Don't be caught off-guard: The company unveils its next round of earnings this Monday, July 18, 2011.

Want to get caught up before Monday's earnings release? We've got just what you need. Here is your everything-that-matters guide to Charles Schwab's second quarter earnings report.

Let's Do the Numbers:

Wall Street expects a positive EPS reading of 20 cents per share and revenues of $1.2 billion. We'll have to wait for Monday to see if Charles Schwab falls in line with analyst expectations and reports an estimated increase in both EPS and revenue from the year-ago quarter.

Here's how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter	Q1	Q4	Q3	Q2
EPS Estimate	19 cents	10 cents	9 cents	15 cents
EPS Actual	20 cents	10 cents	10 cents	17 cents

Stock Performance:

Shares of Charles Schwab were trading at $15.41 as of July 12, 2011. Since January 1st, shares of Charles Schwab have declined 9.4%. For a full 12 months, the return has risen by 10.9%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.

• Long-term shareholders are already enjoying 12-month gains prior to the announcement

Average Stock Rating:

The average rating by analysts for Charles Schwab is a Moderate Buy. Over the past three months this rating's strength has declined slightly.

Competitors:

Looking for a sympathy stock to trade or interested in the performance of other companies in the same sector? Take a look at some of Charles Schwab's peers.

• TD AMERITRADE AMTD: Hold with a $0.3 recent quarter EPS
• Bank of America BAC: Hold with a $0.17 recent quarter EPS
• E*Trade Financial ETFC: Hold with a $0.16 recent quarter EPS
• Interactive Brokers Group IBKR: Hold with a $0.38 recent quarter EPS

The investment banking company's industry has seen price/earnings growth of 0.8% during the current fiscal year.

Finally, a description of the main business areas of the company, in case you need a little refresher: Charles Schwab Corp. is a savings and loan holding company. Through its subsidiaries, the company provides individuals and institutional clients with securities brokerage, banking and related financial services.

Take Action:

That's your advanced look at Charles Schwab's upcoming earnings numbers -- be ready to take quick action if the company's report contains any surprises. Also, check back in with us after the announcement for a full recap and what-to-do-next guide.

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