Jefferies Starts Charles Schwab Corp. (SCHW) at Buy

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Charles Schwab Corp. (SCHW) Reports In-Line Q2 EPS

July 16, 2014 8:46 AM EDT

Charles Schwab Corp. (NYSE: SCHW) reported Q2 EPS of $0.23, in-line with the analyst estimate of $0.23. Revenue for the quarter came in at $1.48 billion versus the consensus estimate of $1.47 billion.

CEO Walt Bettinger said, With the right full-service model for serving todays investors, we are driving sustained momentum in our business. As investor engagement continues to gain strength, we offer the transparency, open architecture, technology and accessibility including personal relationships that support our clients confidence and trust in Schwab as a... More