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Tuesday, April 19, 2016

TD Ameritrade (AMTD) reported earnings on Tue 19 Apr 2016 (b/o)

** charts before earnings **



 




** charts after earnings **



 




TD Ameritrade reports EPS in-line, misses on revs :
  • Reports Q2 (Mar) earnings of $0.38 per share, in-line with the Capital IQ Consensus of $0.38; revenues rose 5.4% year/year to $846 mln vs the $858.14 mln Capital IQ Consensus. Net new client assets of ~$14 billion, an annualized growth rate of 8%. Record average client trades per day of ~509,000, an activity rate of 7.6%.
  • "Over what was a volatile quarter for the markets, we gathered $14 billion in net new client assets and helped our clients place a record 509,000 trades per day, on average."

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