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TD Ameritrade Posted Strong Third-Quarter Results

Raymond Anderson
TD Ameritrade Posted Strong Third-Quarter Results

TD Ameritrade (AMTD) released its third fiscal quarter results on July 23. The company posted an EPS of $0.89, which exceeded analysts’ expectations by $0.09 and reflected 85% growth YoY (year-over-year). The company witnessed a substantial fall in the total operating expenses from $1.02 billion in the second fiscal quarter to $751 million in the third fiscal quarter.