LPL Financial (NASDAQ:LPLA – Get Free Report) will be announcing its earnings results after the market closes on Wednesday, October 30th. Analysts expect LPL Financial to post earnings of $3.73 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.
LPL Financial (NASDAQ:LPLA – Get Free Report) last announced its quarterly earnings results on Thursday, July 25th. The financial services provider reported $3.88 EPS for the quarter, beating the consensus estimate of $3.66 by $0.22. The business had revenue of $2.93 billion during the quarter, compared to analysts’ expectations of $2.89 billion. LPL Financial had a return on equity of 52.14% and a net margin of 8.91%. The firm’s quarterly revenue was up 18.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.94 EPS. On average, analysts expect LPL Financial to post $16 EPS for the current fiscal year and $19 EPS for the next fiscal year.
LPL Financial Trading Down 0.1 %
Shares of NASDAQ:LPLA opened at $256.08 on Wednesday. The stock has a market capitalization of $19.13 billion, a PE ratio of 19.34, a P/E/G ratio of 1.32 and a beta of 0.88. The firm has a fifty day moving average price of $227.89 and a 200 day moving average price of $248.08. LPL Financial has a 1 year low of $187.19 and a 1 year high of $289.88. The company has a current ratio of 2.16, a quick ratio of 2.16 and a debt-to-equity ratio of 1.77.
Analyst Ratings Changes
Check Out Our Latest Report on LPL Financial
About LPL Financial
LPL Financial Holdings Inc, together with its subsidiaries, provides an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at enterprises in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, equities, fixed income, alternative investments, retirement and 529 education savings plans, and insurance.
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