LPL Financial Stock Jumps 6.9% as Q3 Earnings Beat on Higher Revenues

Shares of LPL Financial (LPLA) have gained 6.9% since the release of better-than-expected third-quarter 2024 results on Oct. 30 after market close. Adjusted earnings of $4.16 per share handily outpaced the Zacks Consensus Estimate of$3.69. The bottom line also reflects year-over-year growth of 11%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results benefited from robust improvement in revenues, partly offset by higher expenses. LPLA recorded growth in brokerage and advisory ass ...