Investors Lift 4 Hot Financial Stocks After Earnings Reports
TD AMERITRADE Holding Corporation (NASDAQ:AMTD) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -3.26% to $147 million (27 cents per diluted share) in the quarter versus a net gain of $151.96 million in the year-earlier quarter. Revenue decreased 58.25% to $651 million from the year-earlier quarter.
TD AMERITRADE Holding Corporation reported adjusted net income of 27 cents per share. By that measure, the company beat the mean analyst estimate of $0.24. It beat the average revenue estimate of $635.67 million.