Interactive Brokers (IBKR) Q1 Earnings Beat on Higher Revenues
IBG, Inc.(IBKR) Zacks Investment Research·2024-04-18 01:06
Interactive Brokers Group’s (IBKR) first-quarter 2024 adjusted earnings per share of $1.64 beat the Zacks Consensus Estimate by a penny. Also, the bottom line reflects a rise of 21.5% from the prior-year quarter.Results were primarily aided by an increase in revenues. The company recorded growth in customer accounts during the quarter, which, along with a rise in daily average revenue trades (DARTs), was another tailwind. However, higher expenses hurt the results to some extent.After considering non-recurri ...