LPL Financial Holdings Inc. (LPLA) Tops Q2 Earnings and Revenue Estimates

LPL Financial Holdings Inc. (LPLA) came out with quarterly earnings of $3.88 per share, beating the Zacks Consensus Estimate of$3.66 per share. This compares to earnings of $3.94 per share a year ago. These figures are adjusted for non-recurring items. Over the last four quarters, the company has surpassed consensus EPS estimates four times. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's c ...