Zinger Key Points
- Interactive Brokers Group reports Q4 EPS of $1.52, versus $1.55, and revenue of $1.15 billion, versus $1.14 billion.
- Shares of the stock fall after-hours in response to the mixed results.
Interactive Brokers Group, Inc. IBKR shares are trading lower in Tuesday's after-hours session following the release of the company's fourth-quarter earnings results.
Here's an overview of how the company performed.
What To Know: Interactive Brokers Group reported quarterly earnings of $1.52 per share, falling short of the analyst consensus estimate of $1.55.
Revenue of $1.15 billion topped the Street's expectations of $1.14 billion, a 17.73% increase over revenue of $976.00 million from the same period last year.
The company also reported that customer accounts grew 23% to 2.56 million during the quarter. Additionally, commission revenue rose 5% to $348 million with customer trading volume mixed across product types. Options and futures contract volumes were up 21% and 4%, respectively, while stock share volume was down 22%.
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IBKR Price Action: Shares of Interactive Brokers Group were down 2.62% at $84.90 in the after-hours session at the time of publication Tuesday, according to Benzinga Pro.
Photo: Sergei Tokmakov, Esq. https://Terms.Law from Pixabay
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