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LPL Financial Q1 Adjusted Earnings Fall, Revenue Rises
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LPL Financial Q1 Adjusted Earnings Fall, Revenue Rises
Apr 30, 2024 2:32 PM

05:12 PM EDT, 04/30/2024 (MT Newswires) -- LPL Financial ( LPLA ) reported Q1 adjusted earnings late Tuesday of $4.21 per diluted share, down from $4.49 a year earlier.

Analysts polled by Capital IQ expected $3.82.

Revenue for the quarter ended March 31 was $2.83 billion, up from $2.42 billion a year earlier. Three out of five analysts surveyed by Capital IQ expected $2.72 billion.

The company maintained its dividend at $0.30 a share, payable June 4 to shareholders of record May 21.

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