Charles Schwab Corp. (SCHW) Continues to Impress
Charles Schwab Corp. posted its eighth consecutive quarter of double-digit earnings growth as an influx of customer deposits during the first three months of the year helped the discount broker shake off turbulent market conditions.
The San Francisco-based company said Tuesday that it made $273 million, or 22 cents per share, during the first quarter. That represented a 12 percent increase from net income of $243 million, or 19 cents per share, at the same time last year.
The earnings matched the average estimate among analysts surveyed by Thomson Financial.
The San Francisco-based company said Tuesday that it made $273 million, or 22 cents per share, during the first quarter. That represented a 12 percent increase from net income of $243 million, or 19 cents per share, at the same time last year.
The earnings matched the average estimate among analysts surveyed by Thomson Financial.
Labels: Charles Schwab Corp., SCHW
posted by Stock Administrator @ 3:41 PM
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