LPL Financial(LPLA) - 2024 Q1 - Quarterly Results
LPLALPL Financial(LPLA)2024-05-01 04:13

For Immediate Release LPL Financial Announces First Quarter 2024 Results Key Financial Results • Net Income was 289million,translatingtodilutedearningspershare("EPS")of289 million, translating to diluted earnings per share ("EPS") of 3.83, down 10% from a year ago • Adjusted EPS* decreased 6% year-over-year to 4.21Grossprofitincreased54.21 ◦ Gross profit* increased 5% year-over-year to 1,066 million ◦ Core G&A* increased 11% year-over-year to 364millionAdjustedEBITDAdecreased5364 million ◦ Adjusted EBITDA* decreased 5% year-over-year to 541 million Key Business Results • Total advisory and brokerage assets increas ...