Why Charles Schwab Stock Is Up Today
Charles Schwab (NYSE: SCHW) delivered solid earnings and said it was focused on returning capital to shareholders. Investors liked the tone of the report, sending shares up about 4% as of 11:30 a.m. ET.
Schwab has long been one of the most prominent retail brokerages, a position it solidified via its 2020 acquisition of TD Ameritrade. But the last few years have been spent mostly focused on integrating the deal, a task that appears to be wrapping up.
The company earned $0.74 per share in the quarter on revenue of $4.74 billion, just ahead of Wall Street's estimate for $0.73 per share on sales of $4.72 billion. Revenue was down 7% year over year and net income dropped by 15%, but management sees growth up ahead.
Source Fool.com
Toronto-Dominion Bank Stock
€106.80
-0.190%
Our community is currently high on Toronto-Dominion Bank with 4 Buy predictions and 1 Sell predictions.
As a result the target price of 133 € shows a positive potential of 24.53% compared to the current price of 106.8 € for Toronto-Dominion Bank.
