Charles Schwab: This Is A Golden Buying Opportunity (Rating Upgrade)
SCHWCharles Schwab(SCHW) Seeking Alpha·2024-07-19 15:54

Oleksii Glushenkov/iStock via Getty Images Charles Schwab's (NYSE:SCHW) shares crashed more than 5% on Wednesday after the financial brokerage company reported earnings for its second fiscal quarter. Charles Schwab reported a small 1% increase in revenues year over year and interest revenue falling 6%, causing SCHW to miss consensus top-line estimates. In my opinion, the market appears to overreact to the financial services company's Q2 earnings scorecard because Charles Schwab benefits from consistent core ...