E*TRADE Financial (ETFC) Misses Q2 EPS by 2c
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E*TRADE Financial Corporation Announces Second Quarter 2015 Results
July 23, 2015 4:05 PM EDTNEW YORK--(BUSINESS WIRE)-- E*TRADE Financial Corporation (NASDAQ: ETFC):
Second Quarter Results
Net income of $292 million, or $0.99 per diluted share Net income of $72 million(1), or $0.25 per diluted share(1), excluding an income tax benefit related to finalizing an IRS audit Total net revenue of $445 million Total operating expenses of $309 million, including severance of $6 million and $9 million related to a third party contract amendment Provision for loan losses of $3... More