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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Date | ticker | name | Actual EPS | EPS Surprise | Actual Rev | Rev Surprise |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.