|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||71.83 - 74.80|
|52 Week Range||34.26 - 75.27|
|PE Ratio (TTM)||68.01|
|Earnings Date||Jul 16, 2018 - Jul 20, 2018|
|Forward Dividend & Yield||0.40 (0.54%)|
|1y Target Est||70.67|
Interactive Brokers Group’s (IBKR) Electronic Brokerage segment posted net revenues of $465.0 million in 1Q18, up from $314.0 million in 1Q17. The company’s net interest income was positively impacted in 1Q18 by an increase in its average customer margin loans and credit loans. The Electronic Brokerage segment’s commission revenues reported a year-over-year (or YoY) rise in 1Q18 due to upward movement in its customer volumes.
Interactive Brokers Group’s (IBKR) EV-to-EBITDA ratio stood at ~19.3x on an NTM (next-12-months) basis, which indicates that the company has discounted valuations. The average of other industry players is ~35.7x.
Interactive Brokers Group (IBKR) posted strong results in 1Q18 by outpacing the expectations of Wall Street analysts. The company generated total net revenues of $527.0 million in 1Q18, compared to $374.0 million in 1Q17. The company’s results were mainly aided by the upward momentum in commissions and net interest income.
Zacks Investment Ideas feature highlights: Charles Schwab, E-trade Financial and Interactive Brokers
TD Ameritrade stock backed off from a buy point in late trade Monday as fiscal Q2 earnings failed to clear some forecasts.
Zacks.com featured highlights include: Ruth's, LHC, Celanese, Northern and Interactive Brokers
Charles Schwab (SCHW) generated total net revenues amounting to $2.39 billion in 1Q18 compared to $2.08 billion in 1Q17. However, in 4Q17, total net revenues were $2.24 billion. The company’s asset management and administration fees amounted to $851 million in 1Q18, a rise of 3% year-over-year thanks to the increased balances in equity and bond funds as well as advised solutions. However, ETFs also saw higher balances, which also contributed to the higher total net revenues in 1Q18.
Investors tend to look for stocks that have a strong future outlook. Why invest in something that will grow slower than the rest of the market? In terms of profitabilityRead More...
Earnings estimates embody analysts' opinions of factors such as sales growth, product demand, competitive industry environment, profit margins and cost controls.
E-Trade Financial beat earnings estimates after the close Thursday, days after Interactive Brokers and Charles Schwab topped views.
It was a strong Tuesday for U.S. equities as analysts forecast a 17.3% first-quarter earnings entering into earnings season. The S&P 500 Index surged 1.1%, the Dow Jones Industrial Average gained 0.9% and the Nasdaq Composite was up 1.7% by day’s end.
Interactive Brokers reported better-than-expected earnings late Tuesday after the stock broke out into a buy zone. E-Trade Financial is still in buy range as it gears to report Thursday.
Interactive Brokers Group, Inc. an automated global electronic broker and market maker, today reported diluted earnings per share on a comprehensive basis of $0.65 for the quarter ended March 31, 2018, compared to diluted earnings per share on a comprehensive basis of $0.40 for the same period in 2017.
If you’re not sure what to expect this coming Monday when TD Ameritrade Holding Corp. (NASDAQ:AMTD) reports its Q1 earnings, you’re not alone. On the one hand, volatility is usually supposed to drive trading activity, and rising interest rates improve margins on cash deposits. Throw in the fact that Charles Schwab Corporation (NYSE:SCHW) just topped its Q1 estimates, and the bullish argument is bolstered.
NEW YORK, NY / ACCESSWIRE / April 17, 2018 / Interactive Brokers Group, Inc. Class A (NASDAQ: IBKR ) will be discussing their earnings results in their Q1 Earnings Call to be held on April 17, 2018 at ...
Today we’re going to take a look at the well-established Interactive Brokers Group Inc (NASDAQ:IBKR). The company’s stock saw a double-digit share price rise of over 10% in the pastRead More...
Charles Schwab reported strong Q1 results early Monday, kicking off quarterly results for online brokers. Interactive Brokers and E-Trade Financial are on tap later this week.