Interactive Brokers (IBKR) Q4 Earnings Miss, Revenues Rise Y/Y
IBKRIBG, Inc.(IBKR) Zacks Investment Research·2024-01-18 02:26

Interactive Brokers Group’s (IBKR) fourth-quarter 2023 adjusted earnings per share of 1.52missedtheZacksConsensusEstimateof1.52 missed the Zacks Consensus Estimate of 1.54. However, the bottom line reflects a rise of 16.9% from the prior-year quarter. Results were primarily hurt by an increase in expenses. However, higher revenues supported results to an extent. Also, the company recorded an increase in customer accounts during the quarter, which, along with a rise in daily average revenue trades (DARTs), was a tailwind. After considering no ...