What To Know Ahead Of Charles Schwab’s ($SCHW) Q3 Earnings?

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Charles Schwab (NYSE: SCHW) has announced that it will be unveiling its third quarter financial results on Tuesday 15th October 2024. The disclosure is planned to occur before market open.

Wall Street financial experts forecast that the establishment is set to announce an expected $0.75 profit per share for the quarter. Moreover, the company is anticipated to disclose a total revenue of $4.78 billion for this particular period.

In the corresponding quarter of the previous year, the company's earnings report unveiled a per-share income of $0.77. Notably, the company's total revenue reached an impressive $4.61 billion during that specific period.

Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $19.19 billion. Additionally, they expect the company to reach profit of $3.05 per share for the fiscal year.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.73 -2.7% 4.69 B +0.7%
Q1 2024 $0.74 -20.4% 4.74 B -7.3%
Q4 2023 $0.68 -36.4% 4.46 B -18.9%
Q3 2023 $0.77 -30.0% 4.61 B -16.3%
Q2 2023 $0.75 -22.7% 4.66 B -8.6%
*Growth on year-over-year basis

Charles Schwab (SCHW) shares traded as low as $66.81 and as high as $68.09 on a day volume of 7.37 million shares, closed Friday's regular trading session at $67.68, an increase of 1.55 percent.