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Charles Schwab's Q2 Adjusted Earnings Drop, Revenue Rises; Shares Drop Pre-Bell
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Charles Schwab's Q2 Adjusted Earnings Drop, Revenue Rises; Shares Drop Pre-Bell
Jul 16, 2024 5:20 AM

08:00 AM EDT, 07/16/2024 (MT Newswires) -- Charles Schwab ( SCHW ) reported Q2 adjusted earnings Tuesday of $0.73 per diluted share, down from $0. 75 a year earlier.

Analysts polled by Capital IQ expected $0.72.

Revenue for the quarter ended June 30 was $4.69 billion, compared with $4.66 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.70 billion.

Shares of Charles Schwab ( SCHW ) were down 3.9% during recent Tuesday premarket activity.

Price: 72.14, Change: -2.93, Percent Change: -3.90

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