Charles Schwab Quarterly Earnings on Deck

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S&P 500 (NYSE:SPY) component The Charles Schwab Corp (NYSE:SCHW) will unveil its latest earnings today, October 17, 2011. Charles Schwab is a savings and loan holding company. Through its subsidiaries, the company provides individuals and institutional clients with securities brokerage, banking and related financial services.

The Charles Schwab Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 19 cents per share, a rise of 90% 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 20 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 19 cents during the last month. Analysts are projecting profit to rise by 102.6% versus last year to 77 cents.

Past Earnings Performance: The company fell in line with estimates last quarter after topping forecasts the quarter before. After coming in above the mean estimate by one cent in the first quarter, the company fell in line with expecations by reporting net income of 20 cents per share last quarter.

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.

Wall St. Revenue Expectations: Analysts are projecting a rise of 12.3% in revenue from the year-earlier quarter to $1.19 billion.

Analyst Ratings: Analysts are bullish on this stock with nine analysts rating it as a buy, none rating it as a sell and seven rating it as a hold.

A Look Back: In the second quarter, profit rose 16.1% to $238 million (20 cents a share) from $205 million (17 cents a share) the year earlier, meeting analyst expectations. Revenue rose 9.2% to $1.24 billion from $1.13 billion.

Key Stats:

Revenue has risen the past four quarters. Revenue rose 20.2% in the first quarter from the year earlier, climbed 12.5% in the fourth quarter of the last fiscal year from the year-ago quarter and 3.7% in the third quarter of the last fiscal year.

The company has seen net income rise in two straight quarters. In the first quarter, profit rose 3950%.

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).

Stock Price Performance: During July 18, 2011 to October 14, 2011, the stock price had fallen $2.15 (-14.4%) from $14.90 to $12.75. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 25, 2011 when shares rose for eight-straight days, rising 5.4% (+92 cents) over that span. It saw one of its worst periods between May 31, 2011 and June 8, 2011 when shares fell for seven-straight days, falling 11.9% (-$2.13) over that span. Shares are down $4.36 (-25.48%) year to date.

(Source: Xignite Financials)

Investing Insights: Amazon.com has a Stock Chart Technical Analysts Dream About.

 

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