Interactive Brokers (IBKR) Misses Q4 EPS by 4c
Interactive Brokers (NASDAQ: IBKR) reported Q4 EPS of $0.56, $0.04 worse than the analyst estimate of $0.60. Revenue for the quarter came in at $492 million versus the consensus estimate of $492.65 million.
Fourth Quarter 2018:
- 63% pretax profit margin for this quarter, down from 71% in the year-ago quarter.
- 63% Electronic Brokerage pretax profit margin for this quarter, down from 65% in the year-ago quarter.
- Customer equity grew 3% from the year-ago quarter to $128.4 billion and customer debits decreased 9% to $26.9 billion.
- Customer accounts increased 24% from the year-ago quarter to 598 thousand.
- Total DARTs1 increased 30% from the year-ago quarter to 951 thousand.
- Brokerage segment equity was $5.8 billion. Total equity was $7.2 billion.
For earnings history and earnings-related data on Interactive Brokers (IBKR) click here.
