Lower Market Volatility to Hurt Schwab's (SCHW) Q1 Earnings
Charles Schwab(SCHW) Zacks Investment Research·2024-04-11 00:56
Charles Schwab (SCHW) is scheduled to report first-quarter 2024 results on Apr 15, before market open. Its revenues and earnings in the quarter are expected to have declined on a year-over-year basis.In the fourth quarter of 2023, Schwab’s earnings beat the Zacks Consensus Estimate. Results benefited from the solid performance of the asset management business. Also, the absence of fee waivers and solid brokerage account numbers acted as tailwinds. However, a fall in revenues due to higher funding costs and ...