E*TRADE (ETFC) reported earnings on Thur 19 July 2018 (a/h)

** charts before earnings **

 

** charts after earnings **

 

E*TRADE beats by $0.07, reports revs in-line

• Reports Q2 (Jun) earnings of $0.95 per share, $0.07 better thanthe Capital IQ Consensus of $0.88; revenues rose 23.1% year/year to $710 mln vs the $707.78 mln Capital IQ Consensus.
• Reports Daily Average Revenue Trades (DARTs) of 259,000, including derivative DARTs of 87,000 and a derivatives mix of 34%, a company record.
• Reports Net new brokerage accounts of 188,000. Excluding the TCA acquisition, net new brokerage accounts were 40,000.
• Adjusted operating margin was 46%.