Charles Schwab Earnings, Revenue beat in Q1



© Reuters. Charles Schwab Earnings, Revenue beat in Q1

Investing.com – Charles Schwab (NYSE:) reported on Thursday first quarter that beat analysts’ forecasts and revenue that topped expectations.

Charles Schwab announced earnings per share of $0.84 on revenue of $4.72B. Analysts polled by Investing.com anticipated EPS of $0.794 on revenue of $4.45B.

Charles Schwab shares are up 27% from the beginning of the year and are trading at $68.25 , down-from-52-week-high.They are outperforming the S&P 500 which is up 9.81% from the start of the year.

Charles Schwab shares gained 1.20% in pre-market trade the report.

Charles Schwab follows other major Financial sector earnings this month

Charles Schwab’s report follows an earnings beat by JPMorgan on Wednesday, who reported EPS of $4.5 on revenue of $33.12B, compared to forecasts EPS of $3.06 on revenue of $30.46B.

UnitedHealth had beat expectations on Thursday with first quarter EPS of $5.31 on revenue of $70.20B, compared to forecast for EPS of $4.38 on revenue of $69.03B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar

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