LPL Financial (LPLA) Misses Q4 EPS by 1c
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LPL Financial Announces Fourth Quarter and Full Year 2018 Results
January 31, 2019 4:05 PM ESTFourth Quarter 2018 Key Performance Indicators
Earnings per share ("EPS") increased 97% year-over-year to $1.36. Net Income increased 88% year-over-year to $120 million. EPS prior to Amortization of Intangible Assets** increased 96% year-over-year to $1.49.Total Brokerage and Advisory Assets increased 2% year-over-year to $628 billion.Total Net New Assets were an inflow of $5.9 billion, translating to a 3.5% annualized growth rate. Net new advisory assets were an inflow of $5.0 billion, translating to a 6.5% annualized growth rate.Net new brokerage assets were an inflow of $0.9 billion,... More