LPL Financial (LPLA) Tops Q1 EPS by 36c

Go back to LPL Financial (LPLA) Tops Q1 EPS by 36c

LPL Financial Announces First Quarter 2020 Results

April 30, 2020 4:06 PM EDT

First Quarter 2020 Key Performance Indicators

Earnings per share ("EPS") increased 7% year-over-year to $1.92. 
-- Net Income was $156 million, up slightly year-over-year.EPS Prior to Amortization of Intangible Assets** increased 7% year-over-year to $2.06.Total Brokerage and Advisory Assets decreased 2% year-over-year to $670 billion, while the S&P 500 index was down 9% year-over-year. 
-- Advisory assets increased by 3% year-over-year to $322 billion.Total net new assets were an inflow of $12.5 billion, translating to a 6.5% annualized growth rate, bringing the past twelve-month... More