LPL Financial (LPLA) Tops Q2 EPS by 10c
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LPL Financial Announces Second Quarter 2018 Results
July 26, 2018 4:05 PM EDTKey Performance Indicators
Earnings per share ("EPS") increased 76% year-over-year to $1.30. Net Income increased 74% year-over-year to $119 million. EPS prior to Amortization of Intangible Assets** increased 76% year-over-year to $1.42.Total Brokerage and Advisory Assets increased 22% year-over-year to $659 billion, up 2% sequentially. Total Brokerage and Advisory Assets prior to NPH increased 8% year-over-year to $587 billion, up 2% sequentially. Total Net New Assets were an inflow of $2.5 billion, including $1.5 billion from NPH. Total Net New Assets prior to NPH were... More