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Financial | Investment Brokerage - National | USA

E-Trade Stock Up Late As Earnings Beat; Interactive Brokers Crushed

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E-Trade Financial Earnings
Estimates: EPS to rise 6.8% to 94 cents as revenue grows 4.7% to $741 million.

Results: EPS of $1.01 on revenue of $755 million. Gross new accounts climbed 10% to 265,593, and net new accounts jumped 41% to 134,965. Total accounts at the end of the period were up 29% at 7.06 million.

Total customer assets swelled 22% to $597 billion. Daily average revenue trades fell 7% to 279,405, and average commission per trade dropped 5% to $7.17.

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https://www.investors.com/news/online-br...yptr=yahoo