Interactive Brokers Group, Inc. (IBKR) Q2 2024 Earnings Call Transcript
Interactive Brokers Group, Inc. (NASDAQ:IBKR ) Q2 2024 Earnings Conference Call July 16, 2024 4:30 PM ET Company Participants Nancy Stuebe - Director of Investor Relations Paul Brody - Chief Financial Officer Milan Galik - President and Chief Executive Officer Conference Call Participants Ben Budish - Barclays Craig Siegenthaler - Bank of America James Yaro - Goldman Sachs Dan Fannon - Jefferies Kyle Voigt - KBW Patrick Moley - Piper Sandler Macrae Sykes - GAMCO Chris Allen - Citi Operator Hello, and thank you for standing by. Welcome to Interactive Brokers Group Second Quarter 2024 Earnings Call.
Interactive Brokers (IBKR) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
Although the revenue and EPS for Interactive Brokers (IBKR) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Interactive Brokers Group, Inc. (IBKR) Tops Q2 Earnings Estimates
Interactive Brokers Group, Inc. (IBKR) came out with quarterly earnings of $1.76 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $1.32 per share a year ago.
Interactive Brokers cites higher trading volumes as it beats Q2 estimates
Interactive Brokers Group Inc (NASDAQ: IBKR) says its profit and revenue surpassed Street estimates as higher trading volumes pushed commission revenue up 26% in its second financial quarter. IBKR stock is being rewarded in extended hours also because the largest U.S. trading platform ended its Q2 with 2.
Interactive Brokers (IBKR) to Post Q2 Earnings: What to Expect
Higher commission revenues, a rise in DARTs and an increase in NII are expected to have supported Interactive Brokers' (IBKR) Q2 earnings.
Interactive Brokers (IBKR) Upgraded to Strong Buy: Here's Why
Interactive Brokers (IBKR) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Best Momentum Stocks to Buy for July 11th
KRO, SKIL, and IBKR made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 11, 2024.
Ahead of Interactive Brokers (IBKR) Q2 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Evaluate the expected performance of Interactive Brokers (IBKR) for the quarter ended June 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Interactive Brokers Group, Inc. (IBKR) Stock Drops Despite Market Gains: Important Facts to Note
In the closing of the recent trading day, Interactive Brokers Group, Inc. (IBKR) stood at $124.82, denoting a -0.34% change from the preceding trading day.
Interactive Brokers Group, Inc. (IBKR) Reports Next Week: Wall Street Expects Earnings Growth
Interactive Brokers (IBKR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Interactive Brokers: Big Margins In Focus Ahead Of Earnings
IBKR benefits from a growing cohort of investors in the 35 to 44 age range, leading to increased trading volume. Despite decreasing fees and commissions, brokerage firms like IBKR can still generate revenue from trading activity as stock values rise. IBKR reported strong Q1 results with high margins, new customer accounts, and potential for acquisitions, leading to a buy rating.
Interactive Brokers (IBKR) Reports Rise in June Client DARTs
Interactive Brokers' (IBKR) client DARTs rise on the back of significant new account additions and options contract growth.
