Categories Earnings, Finance, LATEST

Interactive Brokers Group (IBKR): Q3 2019 Earnings Snapshot

Earnings Update by AlphaStreet

— Interactive Brokers Group (NASDAQ: IBKR) reported third quarter 2019 earnings of $0.45 per share, missing analysts’ target of $0.49.

— Revenue increased 6% to $466 million in Q3 vs. $476.09 million expected.

— Customer accounts surged 16% from the year-ago quarter to 666,000.

— Daily average revenue trades (DARTs) rose 13% year-over-year to 859,000.

— IBKR stock fell about 1% immediately following the earnings announcement.

We’re on Flipboard! Follow us to receive the latest stock market, earnings, and financial news at your fingertips

Most Popular

Does Unity Software (U) stock has more room to run?

Last month, the IPO market was in a full swing. IPOs of Snowflake (NYSE: SNOW) and JFROG (NASDAQ: FROG) had an impressive opening day in September, the former creating a

PepsiCo (PEP): Steady snacking habits amid pandemic drive strong quarter for beverage giant

PepsiCo Inc. (NASDAQ: PEP) beat market expectations on both revenue and earnings for the third quarter of 2020. The company saw the momentum continue in its snacks business while the

Does the virus-driven boom make Electronic Arts (EA) a good investment?

With more and more people turning to virtual entertainment sources, amid the virus-related movement restrictions, video game publishers like Electronic Arts (NASDAQ: EA) are witnessing unusually high demand. Not surprisingly,

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top