Interactive Brokers Group, Inc. (IBKR) released the Electronic Brokerage segment’s performance metrics for January 2024. The segment deals with the clearance and settlement of trades for individual and institutional clients globally. It reported a rise in client Daily Average Revenue Trades (DARTs) on a sequential and year-over-year basis.Total client DARTs for the month were 2,201,000, which increased 12% from December 2023 and 11% year over year.Cleared client DARTs for the month were 1,957,000, which inc ...

GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers Group, Inc. (Nasdaq: IBKR) an automated global electronic broker, today reported its Electronic Brokerage monthly performance metrics for January. Brokerage highlights for the month included: 2.201 million Daily Average Revenue Trades (DARTs)1, 11% higher than prior year and 12% higher than prior month. Ending client equity of $424.0 billion, 26% higher than prior year and about even with prior month. Ending client margin loan balances of $44.3 b ...

The S&P 500 index just set a new all-time high, which means the recovery that began 15 months ago can officially be called a bull market. Investors have been encouraged by the drop in inflation over the past year, which is feeding expectations that interest rates could fall throughout 2024.Interactive Brokers (IBKR 0.44%) is one of the world's leading online platforms for trading stocks and other financial assets. It benefits from bullish stock market conditions in more ways than one, and it has also experi ...

Interactive Brokers Group’s (IBKR) fourth-quarter 2023 adjusted earnings per share of $1.52 missed the Zacks Consensus Estimate of $1.54. However, the bottom line reflects a rise of 16.9% from the prior-year quarter.Results were primarily hurt by an increase in expenses. However, higher revenues supported results to an extent. Also, the company recorded an increase in customer accounts during the quarter, which, along with a rise in daily average revenue trades (DARTs), was a tailwind.After considering non- ...

For the quarter ended December 2023, Interactive Brokers Group, Inc. (IBKR) reported revenue of $1.14 billion, up 16.7% over the same period last year. EPS came in at $1.52, compared to $1.30 in the year-ago quarter.The reported revenue represents a surprise of +1.99% over the Zacks Consensus Estimate of $1.12 billion. With the consensus EPS estimate being $1.54, the EPS surprise was -1.30%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectati ...

Interactive Brokers Group, Inc. (NASDAQ:IBKR) Q4 2023 Earnings Call Transcript January 16, 2024 4:30 PM ET Company Participants Nancy Stuebe - Director of IR Paul Brody - CFO Milan Galik - CEO Conference Call Participants James Yaro - Goldman Sachs Craig Siegenthaler - Bank of America Benjamin Budish - Barclays Brennan Hawken - UBS Dan Fannon - Jefferies Kyle Voigt - KBW Chris Allen - Citi Patrick Moley - Piper Sandler Operator Good day and thank you for standing by. Welcome to the Interactive Brokers Group ...

Interactive Brokers Group, Inc. (IBKR) came out with quarterly earnings of $1.52 per share, missing the Zacks Consensus Estimate of $1.54 per share. This compares to earnings of $1.30 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.30%. A quarter ago, it was expected that this company would post earnings of $1.48 per share when it actually produced earnings of $1.55, delivering a surprise of 4.73%.Over the last four quarter ...

GREENWICH, Conn.--(BUSINESS WIRE)--Interactive Brokers Group, Inc. (Nasdaq: IBKR), an automated global electronic broker, announced results for the quarter ended December 31, 2023. Reported diluted earnings per share were $1.48 for the current quarter and $1.52 as adjusted. For the year-ago quarter, reported diluted earnings per share were $1.31 and $1.30 as adjusted. Reported net revenues were $1,139 million for the current quarter and $1,149 million as adjusted. For the year-ago quarter, reported net re ...

Investors are always looking for stocks that are poised to beat at earnings season and Interactive Brokers Group, Inc. (IBKR) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Interactive Brokers Group is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date information ...

Analysts on Wall Street project that Interactive Brokers Group, Inc. (IBKR) will announce quarterly earnings of $1.48 per share in its forthcoming report, representing an increase of 13.9% year over year. Revenues are projected to reach $1.12 billion, increasing 14.4% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 1.3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial es ...