Interactive Brokers Group Announces 1Q2020 Results
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Interactive Brokers (IBKR) Tops Q1 EPS by 5c, Revenues Miss
April 21, 2020 4:03 PM EDTInteractive Brokers (NASDAQ: IBKR) reported Q1 EPS of $0.69, $0.05 better than the analyst estimate of $0.64. Revenue for the quarter came in at $532 million versus the consensus estimate of $563.39 million.
Financial Highlights
Commission revenue showed strong growth, increasing $96 million, or 55%, from the year-ago quarter on higher customer trading volume in an environment of high market volatility resulting from the Coronavirus Disease 2019 (COVID-19)... More