Charles Schwab Misses on First-Quarter Revenue and EPS
Charles Schwab Misses on First-Quarter Revenue and EPS 1Shares of Charles Schwab (NYSE:SCHW) took a hit on Wednesday after the company posted quarterly results that featured near-misses on both the top and bottom lines. For the first quarter, the brokerage’s net revenue totaled almost $2.62 billion, down from the $2.72 billion a year ago. Net income slid by 18% to $795 million, or $0.58 per share.
News story posted on 2020-04-16T01:49:00.0000000Z