Market Overview

UPDATE: E*TRADE Posts Wider Q4 Loss

Share:
Related ETFC
Earnings Scheduled For July 23, 2015
Oppenheimer's 10 'Best Of The Best' Technical Buy Ideas

E*TRADE Financial (NASDAQ: ETFC) reported a wider fourth-quarter loss.

E*TRADE posted a quarterly loss of $186.1 million, or $0.65 per share, versus a year-ago loss of $6.3 million, or $0.02 per share.

Its net revenue declined to $467.7 million, versus $475 million. However, analysts expected a loss of $0.56 per share and revenue of $457 million.

E*TRADE shares fell 4.28% to $9.83 in after-hours trading.

Posted-In: lossEarnings News

 

Related Articles (ETFC)

Get Benzinga's Newsletters