Charles Schwab reports marginal Q2 earnings beat, in-line revenue; stock down
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Charles Schwab Corp. (SCHW) PT Lowered to $66 at BofA Securities
July 17, 2024 5:16 AM EDTBofA Securities analyst Craig Siegenthaler lowered the price target on Charles Schwab Corp. (NYSE: SCHW) to $66.00 (from $72.00) while maintaining a Underperform rating.
The analyst comments "SCHW once again missed on deposit growth which drove supplemental funding higher in the quarter... More
Charles Schwab Corp. (SCHW) PT Lowered to $78 at JPMorgan
July 17, 2024 5:10 AM EDTJPMorgan analyst Kenneth Worthington lowered the price target on Charles Schwab Corp. (NYSE: SCHW) to $78.00 (from $82.00) while maintaining a Overweight rating.
The analyst comments "Schwab reported 2Q24 adj. EPS of $0.73, generally in line with our and Bloomberg consensus expectations, with slightly better net interest income and adj. expenses. While the headline results were largely in line, underlying trends... More
Charles Schwab Corp. (SCHW) PT Lowered to $79 at Deutsche Bank
July 17, 2024 5:06 AM EDTDeutsche Bank analyst Brian Bedell lowered the price target on Charles Schwab Corp. (NYSE: SCHW) to $79.00 (from $84.00) while maintaining a Buy rating.
The analyst comments "Positively, mgmt cited early July trends are showing some signs of normalization in NNA and mgmt reiterated... More
Jefferies on Charles Schwab Corp. (SCHW): 'Cash Levels Still Declining'
July 16, 2024 8:49 AM EDTJefferies analyst Daniel Fannon reiterated a Buy rating and $88.00 price target on Charles Schwab Corp. (NYSE: SCHW)
The analyst comments "SCHW reported 2Q24 adj EPS of $0.73 (JEF $0.71/Cons $0.73). Revs were modestly below expectations (-$14M vs Cons) while lower exp's were... More
Charles Schwab (SCHW) Tops Q2 EPS by 1c
July 16, 2024 7:31 AM EDTCharles Schwab (NYSE: SCHW) reported Q2 EPS of $0.73, $0.01 better than the analyst estimate of $0.72. Revenue for the quarter came in at $4.69 billion versus the consensus estimate of $4.69 billion.
For earnings history and earnings-related data on Charles Schwab (SCHW) click here.
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