Piper Sandler Analyst Bullish On Interactive Brokers, Sees 26% Account Growth in 2024

Loading...Loading...Piper Sandler analyst Patrick Moley raised estimates for Interactive Brokers Group, Inc. IBKR following its second-quarter FY24 results yesterday.Interactive Brokers reported quarterly sales of $1.29 billion, which beat the analyst consensus estimate of$1.262 billion and EPS of $1.76, surpassing the analyst consensus estimate of$1.74.Moley writes that management indicated they are in the process of onboarding “a couple dozen” new IB relationships, which he anticipates will support ongo ...