LPL Financial (NASDAQ: LPLA) reported Q3 EPS of $1.19, $0.05 worse than the analyst estimate of $1.24. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.3 billion.

“We had another quarter of business and earnings growth,” said Dan Arnold, President and CEO. “Organic growth was solid, and momentum continued to build, driven by increased advisor recruiting, productivity, and retention. Looking forward, we remain focused on helping advisors win in the marketplace by enhancing capabilities, making it easier for advisors to do business with us, and investing in technology.”

“Earnings continued to grow in the third quarter as we grew assets and generated operating leverage,” said Matt Audette, CFO. “We also increased our investments to drive organic growth, and we returned capital to shareholders through dividends and share repurchases. Looking ahead to 2019, we see opportunities to deploy more capital into organic growth, while taking advantage of M&A opportunities when appropriate, and returning capital to shareholders.”

For earnings history and earnings-related data on LPL Financial (LPLA) click here.