Schwab Reports Record Full-year Earnings Per Share

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Go back to Schwab Reports Record Full-year Earnings Per Share

BofA double-downgrades Charles Schwab (SCHW) to Underperform

January 19, 2023 7:51 AM EST

BofA Securities downgraded The Charles Schwab Corp (NYSE: SCHW) to an Underperform rating (from Buy) and cut the stocks price target to $75.00 (from $92.00) as investor forecasts show potential for continued elevated client cash sorting in 1H23, as well as an end to the Feds interest rate hiking cycle by this summer.

BoA lowered 2023-24 EPS... More

Charles Schwab (SCHW) shares slide as earnings, revenue miss estimates

January 18, 2023 11:06 AM EST

Charles Schwab (NYSE: SCHW) shares tumbled Wednesday after the company missed earnings and revenue expectations in its fiscal fourth quarter.

The financial services firm reported earnings of $1.07 per share on revenue of $5.5 billion. Analysts expected earnings of $1.09 per share on revenue of $5.56... More

Charles Schwab (SCHW) Misses Q4 EPS by 2c

January 18, 2023 8:46 AM EST

Charles Schwab (NYSE: SCHW) reported Q4 EPS of $1.07, $0.02 worse than the analyst estimate of $1.09. Revenue for the quarter came in at $5.5 billion versus the consensus estimate of $5.56 billion.

For earnings history and earnings-related data on Charles Schwab (SCHW) click here.

... More