E*TRADE Financial (ETFC) reported earnings on Thur 20 Jul 2017 (a/h)

** charts before earnings **

 

** charts after earnings **

Estimates: EPS to stay flat at 48 cents, as revenue jumps nearly 17% to $554 million.

Results: EPS of 52 cents on revenue of $577 million. Net new brokerage accounts grew at an annualized pace of 4.7% to 41,000. Net new brokerage assets rose at an annualized rate of 3.5% to $2.6 billion.

Stock: E-Trade rose 1.1% late. Shares slipped 0.2% to close at 39.60, but still above a 38.71 entry.

Discount broker TD Ameritrade (AMTD) reported earlier this week and beat on both the top and bottom lines, despite the industrywide slashing of stock and ETF trading fees. Meanwhile, Charles Schwab (SCHW) met profit views on Tuesday.