Charles Schwab

The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 34.5 million active brokerage accounts, 2.5 million corporate retirement plan participants, 1.8 million banking accounts, and $7.82 trillion in client assets. Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiaries, Charles Schwab & Co., Inc., TD Ameritrade, Inc., and TD Ameritrade Clearing, Inc., (members SIPC, and their affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent, fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at TD Ameritrade, Inc. and TD Ameritrade Clearing, Inc. are separate but affiliated companies and subsidiaries of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank.

Charles Schwab (NYSE:SCHW) Q3 Adj EPS $0.77 Beats $0.75 Estimate, Sales $4.61B Miss $4.63B Estimate

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Charles Schwab (NYSE:SCHW) reported quarterly adj. earnings of $0.77 per share which beat the analyst consensus estimate of $0.75 by 2.67 percent. This is a 30 percent decrease over earnings of $1.10 per share from the same period last year. The company reported quarterly sales of $4.61 billion which missed the analyst consensus estimate of $4.63 billion by 0.52 percent. This is a 16.25 percent decrease over sales of $5.50 billion the same period last year.

Charles Schwab (NYSE:SCHW) Q3 Adj EPS $0.77 Beats $0.75 Estimate, Sales $4.61B Miss $4.63B Estimate Read Post »

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