Market Overview

Interactive Brokers Group: Q2 Earnings Insights

Share:

Shares of Interactive Brokers Group (NASDAQ:IBKR) rose 1.46% after the company reported Q2 results.

Quarterly Results

Earnings per share were up 32.56% over the past year to $0.57, which beat the estimate of $0.31.

Revenue of $539,000,000 rose by 30.51% year over year, which beat the estimate of $458,620,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Jul 21, 2020

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/9deu9yne

Recent Stock Performance

52-week high: $58.50

Company's 52-week low was at $33.70

Price action over last quarter: Up 30.13%

Company Description

Interactive Brokers Group Inc, or IB, conducts broker dealer agency business and proprietary trading business worldwide. Through the company's broker dealer agency business, IB provides direct access trade execution and clearing services to institutional and professional traders. The company's electronically traded products include stocks, options, futures, foreign exchange, bonds, CFDs, and funds. IB has operations in the U.S., Switzerland, Canada, Hong Kong, the U.K., Australia, Hungary, Russia, Japan, India, China, and Estonia. The company is regulated by the SEC, FINRA, NYSE, FCA, and other regulatory agencies around the world.

 

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Posted-In: Earnings