Charles Schwab (SCHW) Misses Q4 EPS by 2c
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BofA double-downgrades Charles Schwab (SCHW) to Underperform
January 19, 2023 7:51 AM ESTBofA 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 ESTCharles 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
