LPL Investment (LPLA) PT Raised to $85 at Credit Suisse

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LPL Financial Announces Fourth Quarter and Full Year 2017 Results

February 1, 2018 4:05 PM EST

 

Fourth Quarter 2017 Key Performance Indicators

     Earnings per share ("EPS") increased 50% year-over-year to $0.69, up 10% sequentially.

             EPS prior to $0.24 of cost from NPH and $0.10 of benefit from tax reform increased 81% year-over-year to $0.83.

             Net Income increased 54% year-over-year to $64 million, up 10% sequentially.

             Net Income prior to NPH and tax reform increased 85% year-over-year to $77 million.

     EPS prior to Amortization of Intangible Assets** increased 46% year-over-year to $0.76.

             Prior to NPH and tax reform, EPS prior to Amortization of Intangible Assets increased 71% year-over-year to $0.89.

     Total Brokerage and Advisory Assets increased 21% year-over-year to $615 billion, up 10% sequentially.

             Prior to NPH, Total Brokerage and Advisory... More