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LPL Financial Holdings Achieves Record Adjusted EPS of $5.97 in Q3

The Motley Fool +1 · ·by G4L

LPLA
LPLA LPL Financial Holdings Inc
$308.51 +0.99%
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  1. 1LPL Financial Holdings recorded a record adjusted earnings per share of $5.97 for LPL Financial in the third quarter.
  2. 2LPL Financial achieved $29 billion in organic net new assets during the quarter.
  3. 3Chief Financial Officer Matthew Odett returned approximately $300 million to shareholders through share repurchases in the third quarter.

So what's the key point?

LPL Financial Holdings earned a record $5.97 per share in the third quarter. The company also returned $300 million to shareholders because of its strong earnings.

Source The Motley Fool +1 · View original ↗

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