Interactive Brokers (IBKR) Declares $0.10 Quarterly Dividend; 0.8% Yield

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Interactive Brokers (IBKR) Tops Q2 EPS by 26c, Revenues Beat

July 21, 2020 4:02 PM EDT

Interactive Brokers (NASDAQ: IBKR) reported Q2 EPS of $0.57, $0.26 better than the analyst estimate of $0.31. Revenue for the quarter came in at $539 million versus the consensus estimate of $483.61 million.

Financial Highlights

Commission revenue showed strong growth, increasing $98 million, or 55%, from the year-ago quarter on higher customer trading volumes within an active trading environment worldwide.Net interest income decreased... More