E*TRADE Financial Corp. (ETFC) posted first-quarter net income of $35.1 million, or $0.12 per share, compared to $62.6 million, or $0.22 per share in the prior year quarter. Analysts polled by Thomson Reuters expected the company to report a loss of $0.12 per share for the quarter. Analysts' estimates typically exclude special items.
The company reported total net revenue of $419.87 million for the latest first quarter, compared to $489.40 million in the comparable quarter last year, while twelve analysts had consensus revenue estimate of $438.42 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.