Charles Schwab: Q2 Earnings Insights


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 

Charles Schwab (NYSE:SCHW) reported its Q2 earnings results on Monday, July 18, 2022 at 08:45 AM.

Here's what investors need to know about the announcement.

Earnings

Charles Schwab beat estimated earnings by 5.43%, reporting an EPS of $0.97 versus an estimate of $0.92.

Revenue was up $566.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.07 which was followed by a 2.62% increase in the share price the next day.

Here's a look at Charles Schwab's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.84 0.87 0.81 0.73
EPS Actual 0.77 0.86 0.84 0.70
Revenue Estimate 4.83B 4.77B 4.52B 4.46B
Revenue Actual 4.67B 4.71B 4.57B 4.53B

To track all earnings releases for Charles Schwab visit their earnings calendar here.

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


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


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Posted In: EarningsNewsBZI-Recaps