Benzinga | Jul 16, 2020 08:51AM EDT

Charles Schwab Q2 Adj. EPS $0.54 Beats $0.52 Estimate, Sales $1.97B Miss $2.47B Estimate

Charles Schwab (NYSE:SCHW) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.52 by 3.85 percent. This is a 18.18 percent decrease over earnings of $0.66 per share from theCharles Schwab (NYSE:SCHW) reported quarterly earnings of $0.54 per share which beat the analyst consensus estimate of $0.52 by 3.85 percent. This is a 18.18 percent decrease over earnings of $0.66 per share from the same period last year. The company reported quarterly sales of $1.97 billion which missed the analyst consensus estimate of $2.47 billion by 20.24 percent. This is a 26.52 percent decrease over sales of $2.68 billion the same period last year.