Interactive Brokers Group, Inc. (IBKR) is set to report second-quarter 2024 results on Jul 16, after market close. Its earnings and revenues in the quarter are expected to have improved year over year.In the last reported quarter, Interactive Brokers surpassed the Zacks Consensus Estimate. Results benefited from higher total GAAP net revenues, growth in customer accounts and an increase in daily average revenue trades (DARTs).IBKR has a decent earnings surprise history. The company’s earnings surpassed the ...

Interactive Brokers Group, Inc. (IBKR) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following year ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, July 11:Kronos Worldwide, Inc. (KRO) : Thistitanium dioxide pigments company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its current year earnings increasing 158% over the last 60 days.Kronos Worldwide's shares gained 35% over the last six months compared with the S&P 500’s advanced of 17.9%. The company possesses a Momentum Score of B.Skillsoft Corp. (SKIL) : This education and tr ...

Wall Street analysts expect Interactive Brokers Group, Inc. (IBKR) to post quarterly earnings of $1.69 per share in its upcoming report, which indicates a year-over-year increase of 28%. Revenues are expected to be $1.23 billion, up 23.3% from the year-ago quarter.Over the last 30 days, there has been an upward revision of 2.7% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the cour ...

The latest trading session saw Interactive Brokers Group, Inc. (IBKR) ending at $124.82, denoting a -0.34% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily gain of 1.02%. On the other hand, the Dow registered a gain of 1.09%, and the technology-centric Nasdaq increased by 1.18%.Prior to today's trading, shares of the company had gained 1.54% over the past month. This has outpaced the Finance sector's loss of 5.14% and lagged the S&P 500's gain of 4.44% in that ti ...

Monty Rakusen Interactive Brokers (NASDAQ:IBKR) continues to benefit from a major secular trend: a growing cohort of investors in the 35 to 44 age range. According to research put together by Bank of America, there has historically been a correlation between overall trading volume and the number of middle-aged individuals. Moreover, we have seen a significant uptick in speculative trading in recent years, including a jump in volume in zero days to expiration options (0DTEs). These are powerful forces, ...

Interactive Brokers Group Inc. (IBKR) announced that its wholly-owned subsidiary, ForecastEx LLC, has obtained the requisite approvals from the Commodity Futures Trading Commission, to operate as a contract market and derivative clearing organization. ForecastEx will begin its operations on Jul 8, 2024, and the clients of Interactive Brokers from eligible countries will gain immediate access to the platform. IBKR is the first Futures Commission Merchant to become a member of this exchange.Thomas Peterffy, c ...

Interactive Brokers (IBKR) encountered a critical issue on Jun 3 when Berkshire Hathaway Class A shares (BRK A) experienced a sharp decline from $622,000 to $185 because of a technical fault in the NYSE. The huge price plunge and technical problem led the NYSE to suspend the trading of BRK A stock quickly.As the news of BRK A's unusual price drop swiftly spread on social networks, many clients of IBKR and its subsidiaries tried to capitalize on this ‘opportunity.’ They submitted buy orders during the tradin ...

In the latest trading session, Interactive Brokers Group, Inc. (IBKR) closed at $122.11, marking a +0.87% move from the previous day. The stock exceeded the S&P 500, which registered a gain of 0.09% for the day. Meanwhile, the Dow lost 0.1%, and the Nasdaq, a tech-heavy index, added 0.16%.Heading into today, shares of the company had lost 5.42% over the past month, lagging the Finance sector's gain of 0.26% and the S&P 500's gain of 2.83% in that time.The upcoming earnings release of Interactive Brokers Gro ...

The latest trading session saw Interactive Brokers Group, Inc. (IBKR) ending at $123.35, denoting a -1.68% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.27%. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq added 0.88%.The company's shares have seen an increase of 4.33% over the last month, surpassing the Finance sector's loss of 0.29% and the S&P 500's gain of 2.85%.The investment community will be closely monitoring the performance of Intera ...