Interactive Brokers (IBKR) Tops Q1 EPS by 6c

Interactive Brokers (NASDAQ: IBKR) reported Q1 EPS of $0.65, $0.06 better than the analyst estimate of $0.59. Revenue for the quarter came in at $527 million versus the consensus estimate of $480.11 million.

In addition, the results for the quarter include a $38 million gain on our currency diversification strategy, compared to a $49 million gain in the same period in 2017; and a $3 million net mark-to-market loss on our U.S. government securities portfolio, compared to a $1 million net mark-to-market loss in the same period in 2017.

For earnings history and earnings-related data on Interactive Brokers (IBKR) click here.

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