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Why Shares of Charles Schwab Are Falling Today


Shares of Charles Schwab (NYSE: SCHW) had fallen nearly 9% as of 11:26 a.m. ET today after the company reported disappointing earnings results for the first quarter of 2022.

Charles Schwab reported diluted earnings per share (EPS) of $0.67 on revenue of nearly $4.7 billion. Adjusted EPS of $0.77 missed analyst estimates for the quarter, while revenue also missed.

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Source Fool.com

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