What's Next: Charles Schwab's Earnings Preview

Charles Schwab (NYSE:SCHW) will release its quarterly earnings report on Tuesday, 2024-10-15. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Charles Schwab to report an earnings per share (EPS) of $0.75.

Charles Schwab bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings Track Record

In the previous earnings release, the company beat EPS by $0.01, leading to a 5.38% drop in the share price the following trading session.

Here's a look at Charles Schwab's past performance and the resulting price change:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	0.72	0.73	0.64	0.75
EPS Actual	0.73	0.74	0.68	0.77
Price Change %	-5.0%	3.0%	-1.0%	-0.0%

Charles Schwab Share Price Analysis

Shares of Charles Schwab were trading at $67.68 as of October 11. Over the last 52-week period, shares are up 26.72%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Charles Schwab visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.