2 Major Brokers Generating Trader Interest Ahead of Earnings This Week

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TD AMERITRADE Holding Corp. (NASDAQ:AMTD) will unveil its latest earnings on Tuesday, January 17, 2012. The average estimate of analysts is for net income of 26 cents per share, a rise of 4% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 28 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 26 cents during the last month. Analysts are projecting profit to rise by 4.5% versus last year to $1.16.

Last quarter, the company missed estimates by one cent, coming in at profit of 29 cents per share against an estimate of net income of. In the third quarter of the last fiscal year, the company also missed expectations. Analysts are projecting a rise of 2.3% in revenue from the year-earlier quarter to $671.5 million.

Competitors to Watch: The Charles Schwab Corp. (NYSE:SCHW), E TRADE Financial Corp. (NASDAQ:ETFC), optionsXpress Hldgs., Inc. (NASDAQ:OXPS), TradeStation Group, Inc. (NASDAQ:TRAD), Raymond James Financial, Inc. (NYSE:RJF), Interactive Brokers Group, Inc. (NASDAQ:IBKR), Investors Capital Hldgs. Ltd (AMEX:ICH), Bank of America Corp. (NYSE:BAC), and Oppenheimer Hldgs. Inc. (NYSE:OPY).

The Charles Schwab Corp (NYSE:SCHW) will unveil its latest earnings on Wednesday, January 18, 2012. The average estimate of analysts is for net income of 13 cents per share, a rise of 30% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 18 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 16 cents during the last month. For the year, analysts are projecting profit of 71 cents per share, a rise of 86.8% from last year.

Last quarter, the company fell short of estimates by 0 cents, coming in at net income of 18 cents per share against a mean estimate of profit of 19 cents. The company fell in line with expectations in the second quarter. On average, analysts predict $1.12 billion in revenue this quarter, a decline of 0.9% from the year ago quarter. Analysts are forecasting total revenue of $4.7 billion for the year, a rise of 10.6% from last year’s revenue of $4.25 billion.

Competitors to Watch: optionsXpress Hldgs., Inc. (NASDAQ:OXPS), TD Ameritrade Holding Corp. (NASDAQ:AMTD), E TRADE Financial Corp. (NASDAQ:ETFC), Interactive Brokers Group, Inc. (NASDAQ:IBKR), LPL Investment Hldgs. Inc. (NASDAQ:LPLA), TradeStation Group, Inc. (NASDAQ:TRAD), Investment Tech. Group (NYSE:ITG), Bank of America Corp. (NYSE:BAC), Penson Worldwide, Inc. (NASDAQ:PNSN), and Raymond James Financial, Inc. (NYSE:RJF).

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