LPL Financial (LPLA) Reports Q2 Revenues of $1.37B

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Go back to LPL Financial (LPLA) Reports Q2 Revenues of $1.37B

LPL Financial Announces Second Quarter 2020 Results

July 30, 2020 4:05 PM EDT

Key Financial Results

Earnings per share ("EPS") was $1.27, and Net Income was $102 million. Gross Profit** was $488 million.Core G&A** was $222 million.EBITDA** was $207 million and EBITDA** as a percentage of Gross Profit** was 42%. EPS Prior to Amortization of Intangible Assets** was $1.42.

Key Business Results

Total Brokerage and Advisory Assets increased 8% year-over-year to $762 billion. Advisory assets increased by 15% year-over-year to $375 billion. Total net... More