Latest news with #tradingrevenue
Bloomberg
18-07-2025
- Business
- Bloomberg
Schwab Earnings Top Estimates on Trading Boost, Client Assets
Charles Schwab Corp. reported earnings per share that topped estimates as the firm said client assets hit a new record and trading revenue rose. Schwab posted adjusted earnings per share of $1.14 while total client assets climbed 14% to $10.76 trillion compared to the same period last year, according to a statement. Revenue from client trades jumped 23% to $952 million.
Yahoo
13-07-2025
- Business
- Yahoo
Big Banks, Netflix, Pepsico, GE Aerospace: Earnings this week
A fresh earnings season is kicking off this coming week, with Big Banks leading the way on Tuesday and Wednesday. Asking for a Trend host Josh Lipton goes over the top earnings reports to look for, starting Tuesday, July 15. On Tuesday, JPMorgan (JPM), Wells Fargo (WFC), and Citigroup (C) are reporting earnings. On Wednesday, Bank of America (BAC), Morgan Stanley (MS), and Goldman Sachs (GS) will release their reports. Banks are expected to overall report trading revenue gains. On Thursday, Netflix (NFLX), GE Aerospace (GE), and Pepsico (PEP) will be publishing their results. Netflix's second quarter earnings will be out after the markets close, following overall outperformance this year despite some slowing momentum. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here. Time now for to watch and earnings. Banks are kicking off another earnings season alongside some other big names. We're watching JP Morgan, City and Netflix. Starting off with JP Morgan, the largest bank by market cap, is set to release its second quarter earnings on Tuesday, that's before markets open, with a period of uncertainty following Trump's tariff announcements. Expectations are that banks will report trading revenue gains, mostly attributed to record trading after President Trump's liberation Day tariffs. Also on Tuesday, Citigroup will report its second quarter earnings before the markets open. City also benefiting from the trading day highs seen after Liberation Day, and is expecting the banking arm will also see gains from M&A over the second quarter. And finally, Netflix announcing its second quarter earnings on Thursday, that's after the markets close. The streaming giant is outperforming this year, but momentum appears to be stalling, even though the company announced plans to break into digital advertising, live sports and video games. Despite that, analysts still anticipate Netflix to beat earnings estimates. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
