Workflow
IBG, Inc.(IBKR)
icon
Search documents
Interactive Brokers earnings rise as options trading surge offsets lower stock volumes
Proactive Investors· 2024-04-17 13:28
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
IBG, Inc.(IBKR) - 2024 Q1 - Earnings Call Transcript
2024-04-16 23:37
Interactive Brokers Group, Inc. (NASDAQ:IBKR) Q1 2024 Earnings Conference Call April 16, 2024 4:30 PM ET Company Participants Nancy Stuebe - Director of Investor Relations Paul Brody - Chief Financial Officer Milan Galik - President & Chief Executive Officer Thomas Peterffy - Founder & Chairman Conference Call Participants Craig Siegenthaler - Bank of America Benjamin Budish - Barclays James Yaro - Goldman Sachs Dan Fannon - Jefferies LLC Patrick Moley - Piper Sandler Chris Allen - Citi Kyle Voigt - KBW Mac ...
Here's What Key Metrics Tell Us About Interactive Brokers (IBKR) Q1 Earnings
Zacks Investment Research· 2024-04-16 23:01
For the quarter ended March 2024, Interactive Brokers Group, Inc. (IBKR) reported revenue of $1.2 billion, up 13.9% over the same period last year. EPS came in at $1.64, compared to $1.35 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.19 billion, representing a surprise of +0.99%. The company delivered an EPS surprise of +0.61%, with the consensus EPS estimate being $1.63.While investors closely watch year-over-year changes in headline numbers -- revenue and earn ...
Interactive Brokers: Why There Is Explosive Upside To The Earnings' Growth Narrative
Seeking Alpha· 2024-04-16 21:31
da-kuk Interactive Brokers' (NASDAQ:IBKR) shares are up about 38% since I initiated coverage in October 2023, compared to a gain of about 22% for the S&P 500 (SP500) over the same period. And as IBKR stock has overshot my previously guided target price of about $98, I think it is time to revisit my thesis. Overall, fueled by a strong Q4 report and a promising monthly metric performance from through the first three months of 2024, outperforming expectations, I remain very bullish on IBKR. While I previou ...
IBG, Inc.(IBKR) - 2024 Q1 - Quarterly Results
2024-04-16 20:01
INTERACTIVE BROKERS GROUP ANNOUNCES 1Q2024 RESULTS — — — GAAP DILUTED EPS OF $1.61, ADJUSTED1 EPS OF $1.64 GAAP NET REVENUES OF $1,203 MILLION, ADJUSTED NET REVENUES OF $1,216 MILLION RAISES QUARTERLY DIVIDEND FROM $0.10 TO $0.25 GREENWICH, CT, April 16, 2024 — Interactive Brokers Group, Inc. (Nasdaq: IBKR), an automated global electronic broker, announced results for the quarter ended March 31, 2024. Reported diluted earnings per share were $1.61 for the current quarter and $1.64 as adjusted. For the year- ...
Gear Up for Interactive Brokers (IBKR) Q1 Earnings: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-04-11 14:20
Wall Street analysts forecast that Interactive Brokers Group, Inc. (IBKR) will report quarterly earnings of $1.62 per share in its upcoming release, pointing to a year-over-year increase of 20%. It is anticipated that revenues will amount to $1.19 billion, exhibiting an increase of 12.3% compared to the year-ago quarter.Over the last 30 days, there has been an upward revision of 2.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective ...
Interactive Brokers Group, Inc. (IBKR) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-04-09 15:06
Interactive Brokers Group, Inc. (IBKR) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended March 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on April 16, 2024, might help the stock move higher if these key numbers ...
Are You Looking for a Top Momentum Pick? Why Interactive Brokers Group, Inc. (IBKR) is a Great Choice
Zacks Investment Research· 2024-04-08 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
Is Interactive Brokers (IBKR) Stock Outpacing Its Finance Peers This Year?
Zacks Investment Research· 2024-04-04 14:45
The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Interactive Brokers Group, Inc. (IBKR) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Interactive Brokers Group, Inc. is one of 860 individual stocks in the Finance sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks ...
Interactive Brokers (IBKR) Upgraded to Buy: Here's Why
Zacks Investment Research· 2024-04-03 17:00
Interactive Brokers Group, Inc. (IBKR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the sy ...