Although the revenue and EPS for Interactive Brokers (IBKR) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Interactive Brokers Group, Inc. (NASDAQ:IBKR ) Q4 2024 Results Conference Call January 21, 2025 4:30 PM ET Company Participants Nancy Stuebe - Director of Investor Relations Paul Brody - Chief Financial Officer Milan Galik - President and Chief Executive Officer Thomas Peterffy - Founder and Chairman Conference Call Participants Craig Siegenthaler - Bank of America Benjamin Budish - Barclays James Yaro - Goldman Sachs Brennan Hawken - UBS Dan Fannon - Jefferies Patrick Moley - Piper Sandler Chris Allen - Citi Kyle Voigt - KBW Operator Good day, and thank you for standing by. Welcome to the Interactive Brokers Group Fourth Quarter 2024 Earnings Conference Call.
Interactive Brokers Group, Inc. (IBKR) came out with quarterly earnings of $2.03 per share, beating the Zacks Consensus Estimate of $1.86 per share. This compares to earnings of $1.52 per share a year ago.
Interactive Brokers Group (IBKR 1.44%), a leading electronic brokerage firm known for its advanced trading platforms, reported its fourth-quarter results on Jan. 21. The company displayed a strong financial performance, with both earnings and revenue surpassing analyst expectations.
Interactive Brokers' Founder and Chairman Thomas Peterffy joins 'Closing Bell Overtime' to talk quarterly results.
Improvement in client activity and higher trading volume are expected to have supported IBKR's Q4 earnings.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
IBKR's dual-app strategy will allow the company to capture a higher portion of the retail trading market. The company maintains significant (70%) operating margins due to a high level of product automation, allowing it to sustain a technological edge over its peers. The streamlined trading platform & apps are a threat to the 36M brokerage accounts of incumbents like Schwab. Platform seriousness may entice HOOD and small brokerage customers to switch.
Does Interactive Brokers Group, Inc. (IBKR) have what it takes to be a top stock pick for momentum investors? Let's find out.
Zacks.com users have recently been watching Interactive Brokers (IBKR) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In the most recent trading session, Interactive Brokers Group, Inc. (IBKR) closed at $185.85, indicating a +1.76% shift from the previous trading day.
Get a deeper insight into the potential performance of Interactive Brokers (IBKR) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.