Interactive Brokers beats Q2 estimates

DCOM -0.93% RJF +1.64% RS +1.98% RNG +1.00% FAF -0.83% 3 more

1. 1Interactive Brokers (IBKR) reported Q2 earnings of $0.69 per share, exceeding market expectations of $0.62.
2. 2Revenue came in at $1.88 billion, surpassing the $1.76 billion estimate, while commission revenue rose 30% year-on-year to $673 million.
3. 3Despite the strong results, the stock edged lower in Wednesday's premarket trading, though Wolfe Research and Jefferies raised their targets following the report.

Source GuruFocus.com +1 · View original ↗

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