Interactive Brokers Group Earnings: Here’s Why Investors are Selling Shares Now
Interactive Brokers Group, Inc. (NASDAQ:IBKR) delivered a profit and missed Wall Street’s expectations, AND came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company. Shares are down 2.49%.
Interactive Brokers Group, Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 133.33% to $0.21 in the quarter versus EPS of $0.09 in the year-earlier quarter.
Revenue: Rose 2.52% to $284 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Interactive Brokers Group, Inc. reported adjusted EPS income of $0.21 per share. By that measure, the company missed the mean analyst estimate of $0.22. It missed the average revenue estimate of $320.93 million.
Quoting Management: There were no comments from management.
Key Stats (on next page)…