UPDATE: TD Ameritrade Posts Upbeat FQ1 Profit
TD Ameritrade Holding (NYSE: AMTD) reported a 3.3% drop in its fiscal first-quarter earnings.
TD Ameritrade's quarterly profit fell to $147 million, from $152 million, in the year-ago period. Its per-share earnings came in flat at $0.27 per share.
Its net revenue came in at $651 million. However, analysts were expecting earnings of $0.24 per share on revenue of $636 million.
TD Ameritrade shares gained 1.46% to $18.72 in pre-market trading.
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