Benzinga | Oct 15, 2020 08:46AM EDT

Charles Schwab Q3 Adj. EPS $0.51 Beats $0.46 Estimate, Sales $2.45B Beat $2.43B Estimate

Charles Schwab (NYSE:SCHW) reported quarterly earnings of $0.51 per share which beat the analyst consensus estimate of $0.46 by 10.87 percent. This is a 31.08 percent decrease over earnings of $0.74 per share from the same period last year. The company reported quarterly sales of $2.45 billion which beat the analyst consensus estimate of $2.43 billion by 0.74 percent. This is a 9.70 percent decrease over sales of $2.71 billion the same period last year.