TD Ameritrade (AMTD) Misses Q2 EPS by 1c

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Go back to TD Ameritrade (AMTD) Misses Q2 EPS by 1c

TD Ameritrade Second Quarter Results: Strong Momentum Continues

April 23, 2018 4:01 PM EDT

Net New Client Assets of $22.2B
Record Average Client Trades per Day of 943,000
GAAP Diluted EPS $0.48; Non-GAAP Diluted EPS $0.73 (1)

OMAHA, Neb.--(BUSINESS WIRE)-- TD Ameritrade Holding Corporation (Nasdaq: AMTD) has released results for the second quarter of fiscal 2018. The Company gathered $22.2 billion in net new client assets for the quarter and reported record client trading activity of approximately 943,000 client trades per day, on average. These results were driven by a resurgence of volatility in the equity markets, which in turn increased investor engagement and trading.

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