logo
Plus   Neg
Share
Email

TD Ameritrade Holding Corp. Q2 adjusted earnings Beat Estimates

TD Ameritrade Holding Corp. (AMTD) announced a profit for its second quarter that climbed from last year.

The company's earnings came in at $499 million, or $0.89 per share. This compares with $271 million, or $0.48 per share, in last year's second quarter.

Excluding items, TD Ameritrade Holding Corp. reported adjusted earnings of $522 million or $0.93 per share for the period.

Analysts had expected the company to earn $0.92 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 2.1% to $1.45 billion from $1.42 billion last year.

TD Ameritrade Holding Corp. earnings at a glance:

-Earnings (Q2): $522 Mln. vs. $414 Mln. last year.
-EPS (Q2): $0.93 vs. $0.73 last year.
-Analysts Estimate: $0.92
-Revenue (Q2): $1.45 Bln vs. $1.42 Bln last year.

For comments and feedback contact: editorial@rttnews.com

Follow RTT