Gabelli Raises AMTD EPS Estimates

Gabelli has issued a report raising 2011 and 2012 EPS estimates for TD Ameritrade Holding Corp AMTD. According to the report, “We are raising our 2011 and 2012 EPS estimates to $1.20 and $1.50, from $1.15 and $1.45 respectively, due to stronger than expected trading volume and larger client assets.” AMTd has a Buy rating and is currently trading at $20.76 a share.