Ahead of Interactive Brokers (IBKR) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics

Core Insights - Analysts project that Interactive Brokers Group, Inc. (IBKR) will report quarterly earnings of $1.78 per share, reflecting a year-over-year increase of 14.8% [1] - Revenue is expected to reach $1.32 billion, marking a 15.4% increase from the same quarter last year [1] - The consensus EPS estimate has been revised 1.4% higher in the last 30 days, indicating a positive reevaluation by analysts [1] Financial Metrics - 'Customer Statistics - Total Accounts' is estimated to reach 2,957.32 thousand, compared to 2.43 million a year ago [2] - 'Average interest-earning assets' are projected at $132.86 billion, up from $119.91 billion in the same quarter last year [2] - 'Customer Statistics - Cleared Customers - Commission per Cleared Commissionable Order' is estimated at $3.09, slightly down from $3.11 a year ago [2] Additional Financial Projections - 'Customer Statistics - Customer Equity' is expected to reach $524.66 billion, up from $369.8 billion in the same quarter last year [3] - 'Other fees and services' are projected at $62.10 million, compared to $52 million a year ago [3] - 'Interest income' is forecasted at $1.79 billion, an increase from $1.64 billion last year [3] - 'Commissions' are expected to be $418.18 million, up from $333 million a year ago [3] - 'Total net interest income' is estimated at $804.24 million, compared to $733 million last year [3] - 'Other income' is projected at -$4.93 million, down from $27 million in the same quarter last year [4] Stock Performance - Over the past month, shares of Interactive Brokers have increased by 21.8%, outperforming the Zacks S&P 500 composite, which rose by 5.9% [4] - Currently, IBKR holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [4]