E*TRADE Financial Corporation Announces Fourth Quarter and Full Year 2015 Results

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Compass Point Cuts Price Target Following E*TRADE Financial's (ETFC) In-Line 4Q

January 22, 2016 6:47 AM EST

Compass Point maintained a Buy rating on E*TRADE (NASDAQ: ETFC), and cut the price target to $31.00 (from $34.00), following the company's 4Q earnings report. The relatively in-line results were highlighted by elevated spreads and steady credit. EPS of $0.30 was in line with Compass Point's estimate and... More

E*TRADE Financial (ETFC) Reports In-Line Q4 EPS

January 21, 2016 4:06 PM EST

E*TRADE Financial (NASDAQ: ETFC) reported Q4 EPS of $0.30, in-line with the analyst estimate of $0.30. Revenue for the quarter came in at $454 million versus the consensus estimate of $454.18 million.

Net income of $89 million, or $0.30 per diluted shareTotal net revenue of $454... More