FMP
Oct 15, 2024 7:12 PM - Davit Kirakosyan
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Charles Schwab (NYSE:SCHW) reported third-quarter earnings that surpassed analyst forecasts, pushing its stock up over 8% intra-day today. The company posted adjusted earnings per share of $0.77, exceeding the $0.75 estimate, while revenue reached $4.85 billion, above the expected $4.77 billion.
The financial services provider saw robust asset growth, reporting $90.8 billion in total net new assets and an impressive 27% year-over-year increase in total client assets to a record $9.92 trillion, surpassing projections of $9.75 trillion. CEO Walt Bettinger highlighted Schwab's ongoing momentum, which has accelerated since the successful Ameritrade integration earlier in the year.
Oct 15, 2024 3:05 PM - Davit Kirakosyan
Bank of America (NYSE:BAC) shares rose more than 2% intra-day today after the company reported third-quarter earnings that exceeded Street expectations, buoyed by a rise in investment banking fees that helped counter a small dip in net interest income (NII) compared to last year. Net income for the ...
Oct 15, 2024 3:17 PM - Davit Kirakosyan
Walgreens Boots Alliance (NASDAQ:WBA) saw a more than 12% intra-day on Tuesday following its better-than-expected fiscal Q4 2024 results. The company posted earnings per share (EPS) of $0.39, surpassing Street predictions of $0.36. Revenue for the quarter reached $37.55 billion, exceeding the estima...