Interactive Brokers (IBKR) Tops Q3 EPS by 5c, Beats on Revenues

Interactive Brokers (NASDAQ: IBKR) reported Q3 EPS of $0.43, $0.05 better than the analyst estimate of $0.38. Revenue for the quarter came in at $426 million versus the consensus estimate of $385.52 million.

Business Highlights

• 63% pretax profit margin for this quarter, up from 53% in the year-ago quarter.
• 61% Electronic Brokerage pretax profit margin for this quarter, up from 56% in the year-ago quarter.
• Customer equity grew 40% from the year-ago quarter to $115.7 billion and customer debits increased 39% to $25.1 billion.
• Customer accounts increased 24% from the year-ago quarter to 457 thousand.
• Total DARTs increased 14% from the year-ago quarter to 695 thousand.
• Brokerage segment equity was $4.6 billion. Total equity was $6.3 billion.

For earnings history and earnings-related data on Interactive Brokers (IBKR) click here.

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