LPL Financial Announces Third Quarter 2018 Results

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UPDATE: LPL Investment (LPLA) PT Lowered to $88 at Credit Suisse

October 26, 2018 8:11 AM EDT

(Updated - October 26, 2018 8:14 AM EDT)

(update fixes firm name)

Credit Suisse analyst Craig Siegenthaler lowered the price target on LPL Investment (NASDAQ: LPLA) to $88.00 (from $91.00) while maintaining a Outperform rating.

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LPL Financial (LPLA) Misses Q3 EPS by 5c, Revenues Beat

October 25, 2018 4:31 PM EDT

LPL Financial (NASDAQ: LPLA) reported Q3 EPS of $1.19, $0.05 worse than the analyst estimate of $1.24. Revenue for the quarter came in at $1.33 billion versus the consensus estimate of $1.3 billion.

We had another quarter of business and earnings growth, said Dan Arnold, President and CEO. Organic... More