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What's Next: Charles Schwab's Earnings Preview – Charles Schwab (NYSE:SCHW)


What's Next: Charles Schwab's Earnings Preview – Charles Schwab (NYSE:SCHW)

Charles Schwab SW will release its quarterly earnings report on Tuesday, October 15th, 2024. Here's a quick overview for investors before the announcement.

Analysts expect Charles Schwab to report one Earnings per share (EPS) of $0.75.

Charles Schwab bulls are hoping that the company will announce that it has not only beaten that estimate, but also provides positive guidance/projected growth for the next quarter.

New investors should note that sometimes it's not earnings beats or earnings misses that have the biggest impact on a stock's price, but rather the forecast (or forecast).

Track record

In the previous earnings release, the company beat EPS by $0.01, which led to a 5.38% decline in the share price in the following trading session.

Here's a look at Charles Schwab's past performance and the resulting price change:

quarter Q2 2024 1st quarter 2024 Q4 2023 Q3 2023
EPS estimate 0.72 0.73 0.64 0.75
EPS actually 0.73 0.74 0.68 0.77
Price change % -5.0% 3.0% -1.0% -0.0%

EPS graphic

Charles Schwab stock price analysis

Shares of Charles Schwab were trading at $67.68 on October 11th. Over the last 52 weeks, shares have risen 26.72%. Given that these returns are generally positive, long-term shareholders should be optimistic about this earnings release.

To follow all of Charles Schwab's earnings releases, visit the earnings calendar on our website.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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