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Schwab (SCHW) Q4 Earnings Beat Estimates, Revenues Surge Y/Y
Charles Schwab’s SCHW fourth-quarter 2020 adjusted earnings of 74 cents per share beat the Zacks Consensus Estimate of 70 cents. Also, the bottom line grew 17% from the prior-year quarter, as the company reported first full-quarter results after closing TD Ameritrade deal in October 2020.
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After considering these, net income available to common shareholders (GAAP basis) was $1.05 billion or 57 cents per share compared with $801 million or 62 cents per share in the year-ago quarter.
In 2020, adjusted earnings were $2.45 per share, outpacing the Zacks Consensus Estimate of $2.39. However, the figure was down 9% from the prior year. On GAAP basis, net income available to common shareholders was $3.04 billion or $2.12 per share, down from $3.53 million or $2.67 per share in 2019.
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https://finance.yahoo.com/news/schwab-sc...04182.html
![[Bild: SCHWd151658246i.png]](https://finviz.com/publish/012121/SCHWd151658246i.png)
Charles Schwab’s SCHW fourth-quarter 2020 adjusted earnings of 74 cents per share beat the Zacks Consensus Estimate of 70 cents. Also, the bottom line grew 17% from the prior-year quarter, as the company reported first full-quarter results after closing TD Ameritrade deal in October 2020.
,,,
After considering these, net income available to common shareholders (GAAP basis) was $1.05 billion or 57 cents per share compared with $801 million or 62 cents per share in the year-ago quarter.
In 2020, adjusted earnings were $2.45 per share, outpacing the Zacks Consensus Estimate of $2.39. However, the figure was down 9% from the prior year. On GAAP basis, net income available to common shareholders was $3.04 billion or $2.12 per share, down from $3.53 million or $2.67 per share in 2019.
...
https://finance.yahoo.com/news/schwab-sc...04182.html
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