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Charles Schwab Q3 Profit Rises 32%; Results Top Estimates

RTTNews | hace 1046

Charles Schwab Q3 Profit Rises 32%; Results Top Estimates

(RTTNews) - Financial services firm Charles Schwab Corp. (SCHW) reported Monday that net income available to common shareholders for the third quarter grew to $2.02 billion or $0.99 per share from $1.53 billion or $0.74 per share in the year-ago quarter.

Excluding items, adjusted earnings for the quarter were $1.10 per share, compared to $0.84 per share in the prior-year quarter.

Net revenues for the quarter grew 20 percent to $5.50 billion from $4.57 billion in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.05 per share on revenues of $5.41 billion for the quarter. Analysts' estimates typically exclude special items.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

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Charles Schwab Q4 Profit Rises 26%, But Results Miss Estimates

Charles Schwab Q4 Profit Rises 26%, But Results Miss Estimates

Financial services firm Charles Schwab Corp. reported Wednesday a profit for the fourth quarter that increased 26 percent from last year, reflecting 17 percent revenue growth aided by 41 percent rise in net interest revenue. Both earnings per share and quarterly revenues missed analysts' estimates.

RTTNews | hace 953

European Shares Mostly Higher As Nvidia Outlook Lifts Sentiment

European Shares Mostly Higher As Nvidia Outlook Lifts Sentiment

European stocks were mostly higher on Thursday as Nvidia's positive results helped ease AI slowdown fears. U.K. markets underperformed as banks and utilities declined.

RTTNews | hace 37 minutos

Asian Shares Rise As Nvidia Beats Expectations

Asian Shares Rise As Nvidia Beats Expectations

Asian stocks ended mostly higher on Thursday as Nvidia's strong results quelled worries over weakening AI demand.

RTTNews | hace 1h 3min

U.S. Dollar Falls Amid Fed Rate Cut Speculation

U.S. Dollar Falls Amid Fed Rate Cut Speculation

The U.S. dollar weakened against other major currencies in the Asian session on Thursday, after the Fed official left the door open for an interest rate cut next month.

RTTNews | hace 1h 7min

Europe Car Sales Rebound In July

Europe Car Sales Rebound In July

Europe's new car sales rebounded in July on strong demand for battery electric and plug-in hybrid cars, the European Automobile Manufacturers' Association reported Thursday. Car registrations in the European Union advanced 7.4 percent year-on-year in July, offsetting June's 7.3 percent decrease. Data showed an annual rise of 39.1 percent for battery-electric and 14.3 percent for hybrid-electric

RTTNews | hace 2h 10min

U.S. Dollar Falls Against Majors

U.S. Dollar Falls Against Majors

The U.S. dollar weakened against other major currencies in the Asian session on Thursday.

RTTNews | hace 2h 33min

European Shares Seen Higher At Open

European Shares Seen Higher At Open

European stocks are seen opening broadly higher on Thursday even as Nvidia's disappointing sales forecast raised concerns about the AI spending boom.

RTTNews | hace 4h 2min

Sensex Nifty Decline On Tariff Worries

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.

RTTNews | hace 4h 54min

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