"Charles Schwab Beats Earnings Estimates Despite Declining Profits and Assets"
TL;DR Summary
Charles Schwab's fourth-quarter profits dropped significantly to $1 billion from $2 billion compared to the same period last year, with adjusted earnings per share falling to 68 cents from $1.07. Despite the decline, the company still managed to beat analysts' expectations, causing its stock to move lower in premarket trading.
- Charles Schwab Reports Lower Profits but Beats Earnings Estimates Barron's
- Charles Schwab profit halved but beats analyst estimates MarketWatch
- Schwab's New Assets Declined as Brokerage Closed Out Tough Year Bloomberg
- Charles Schwab Stock Slips After Brokerage Reports Revenue Decline The Wall Street Journal
- Charles Schwab (NYSE:SCHW) Trends Higher on Mixed Q4 Numbers TipRanks
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