Key insights
- Charles Schwab reported Q1 earnings slightly above expectations, with EPS beating estimates by $0.04 and revenue also exceeding consensus. The stock has shown positive momentum over the past year. Recent positive EPS revisions suggest analyst confidence. While the beat is positive, the limited magnitude and Schwab's specific business model result in a muted overall impact on broader US equities.
Investing.com - Charles Schwab (NYSE: SCHW) reported first quarter EPS of $1.43, $0.04 better than the analyst estimate of $1.39. Revenue for the quarter came in at $6.48B versus the consensus estimate of $6.47B.
Charles Schwab’s stock price closed at $100.27. It is down -3.42% in the last 3 months and up 31.67% in the last 12 months.
Charles Schwab saw 15 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See Charles Schwab’s stock price’s past reactions to earnings here.
According to InvestingPro, Charles Schwab’s Financial Health score is "good performance".
Check out Charles Schwab’s recent earnings performance, and Charles Schwab’s financials here.
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