For the quarter ended March 2024, Interactive Brokers Group, Inc. (IBKR) reported income of $1.2 billion, up 13.9% over the identical interval final 12 months. EPS got here in at $1.64, in comparison with $1.35 within the year-ago quarter.
The reported income compares to the Zacks Consensus Estimate of $1.19 billion, representing a shock of +0.99%. The corporate delivered an EPS shock of +0.61%, with the consensus EPS estimate being $1.63.
Whereas buyers intently watch year-over-year adjustments in headline numbers — income and earnings — and the way they evaluate to Wall Avenue expectations to find out their subsequent plan of action, some key metrics all the time present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers venture a inventory’s worth efficiency extra precisely.
Right here is how Interactive Brokers carried out within the simply reported quarter by way of the metrics most generally monitored and projected by Wall Avenue analysts:
- Internet Curiosity Margin: 2.4% in comparison with the two.4% common estimate primarily based on two analysts.
- Buyer Statistics – Whole Accounts: 2,746 thousand versus 2,752.63 thousand estimated by two analysts on common.
- Common interest-earning property: $126.97 billion versus $124.73 billion estimated by two analysts on common.
- Buyer Statistics – Cleared Prospects – Fee per Cleared Commissionable Order: $2.93 versus $3.32 estimated by two analysts on common.
- Buyer Statistics – Buyer Fairness: 465.9 billion versus 466.32 billion estimated by two analysts on common.
- Different charges and providers: $59 million versus the three-analyst common estimate of $53.27 million.
- Commissions: $379 million versus $376.08 million estimated by three analysts on common.
- Whole internet curiosity earnings: $747 million versus $743.66 million estimated by three analysts on common.
- Curiosity earnings: $1.76 billion versus the three-analyst common estimate of $1.66 billion.
View all Key Company Metrics for Interactive Brokers here>>>
Shares of Interactive Brokers have returned +1.1% over the previous month versus the Zacks S&P 500 composite’s -0.9% change. The inventory at present has a Zacks Rank #1 (Sturdy Purchase), indicating that it may outperform the broader market within the close to time period.
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