08:47 AM EDT, 10/22/2024 (MT Newswires) -- Interactive Brokers Group ( IBKR ) revised down its Q3 adjusted earnings per share Tuesday, filing a form 8-K/A with the US Securities and Exchange Commission and explaining the revision was caused by the settlement of 'certain disputes' that took place prior to the end of the quarter.

Interactive Brokers ( IBKR ) reported revised Q3 adjusted earnings Tuesday of $1.61 per diluted share, up from $1.55 a year earlier.

Analysts polled by Capital IQ expected $1.82.

Net revenue for the quarter ended Sept. 30 was $1.37 billion, up from $1.15 billion a year earlier, as reported originally.

Analysts surveyed by Capital IQ expected $1.34 billion.

The company originally filed its Q3 results Oct. 15. At the time, the company reported adjusted earnings of $1.75 per diluted share on net revenue of $1.37 billion.

The settlement of the disputes added $78 million 'to reported general and administrative expenses' for the quarter, the company said.

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