Earnings Preview: TD AMERITRADE EPS, Revenue Expected to Rise from Previous Quarter
July 15, 2011 10:28 AM
It's time to get ready for TTD Ameritrade (NASDAQ: AMTD) earnings! Don't be caught off-guard: The company releases its next round of earnings this Tuesday, July 19, 2011.
Want to know what analysts are expecting to see in TD Ameritrade's lastest earnings numbers? We thought so. Here's an advanced look at the company's third quarter earnings report.
Let's Do the Numbers:
Analysts are looking ahead to a positive EPS reading of 29 cents per share and revenues of $691.5 million. We'll know on Tuesday whether TD Ameritrade has managed the estimated 122% increase in EPS and 100% rise in revenues on a year-over-year basis.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q2 | Q1 | Q4 | Q3 |
| EPS Estimate | 28 cents | 25 cents | 23 cents | 28 cents |
| EPS Actual | 30 cents | 25 cents | 20 cents | 30 cents |
Stock Performance:
Shares of TD Ameritrade were trading at $18.33 as of July 13, 2011. Shares are down 3% year to date. For a full 12 months, the return has risen by 13.2%. Given that these returns are generally positive, long-term shareholders are probably satisfied going into this earnings release.
- Long-term shareholders are already enjoying 12-month gains prior to the announcement
Average Stock Rating:
The average rating by analysts for TD Ameritrade is a Hold. Over the past three months this rating's strength has declined slightly.
Competitors:
Wondering how TD Ameritrade compares to rivals in the same sector? Here are a few of the company's peers.
- Bank of America (NYSE: BAC): Hold with a $0.17 recent quarter EPS
- E*Trade Financial (NASDAQ: ETFC): Hold with a $0.16 recent quarter EPS
- Interactive Brokers Group (NASDAQ: IBKR): Hold with a $0.38 recent quarter EPS
- Oppenheimer Holdings, Inc. (USA (NYSE: OPY): $0.36 recent quarter EPS
The financial-invest bank company's industry has seen price/earnings growth of 0.8% during the current fiscal year.
Finally, a description of the main business areas of the company, in case you need a little refresher: TD Ameritrade Holding Corp provides securities brokerage services, including trade execution, clearing services and margin lending, through its broker-dealer subsidiaries.
Take Action:
Now that you've gotten an advanced peak at TD Ameritrade's upcoming earnings numbers, keep an eye out for any surprises in the report and be ready to take action. Also, check back in with us after the announcement for a full recap and a guide to your next steps.
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