Charles Schwab Earnings, Revenue beat in Q4 By Investing.com

Charles Schwab (NYSE:SCHW) reported on Tuesday fourth quarter earnings that beat analysts’ forecasts and revenue that topped expectations.

Charles Schwab announced earnings per share of $0.74 on revenue of $4.18B. Analysts polled by Investing.com anticipated EPS of $0.6497 on revenue of $4.1B.

Charles Schwab shares are up 1% from the beginning of the year and are trading at $59.82 , down-from-52-week-high.They are outperforming the S&P 500 which is up 0.32% from the start of the year.

Charles Schwab shares gained 1.82% in pre-market trade the report.

Charles Schwab follows other major Financial sector earnings this month

Charles Schwab’s report follows an earnings beat by JPMorgan on Friday, who reported EPS of $3.79 on revenue of $30.16B, compared to forecasts EPS of $2.62 on revenue of $28.67B.

Bank of America had beat expectations on Tuesday with fourth quarter EPS of $0.59 on revenue of $20.10B, compared to forecast for EPS of $0.5474 on revenue of $20.56B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com’s earnings calendar