LPL Financial (LPLA) Tops Q1 EPS by 23c

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LPL Financial Announces First Quarter 2018 Results

May 3, 2018 4:05 PM EDT

Key Performance Indicators

Earnings per share ("EPS") increased 94% year-over-year to $1.01. Q1 2018 EPS included $0.29 of cost from NPH and Q1 2017 included $0.14 of debt refinancing cost.  Prior to these costs, Q1 2018 EPS increased 96% year-over-year to $1.30.
Net Income increased 94% year-over-year to $94 million.Net Income prior to the costs noted above increased 97% year-over-year to $120 million. EPS prior to Amortization of Intangible Assets** increased 90% year-over-year to $1.11. Prior to Q1 2018 NPH costs and Q1 2017 debt refinancing cost, EPS prior to Amortization of Intangible Assets increased 86% year-over-year to... More