LPL Financial Stock Gains 1% as Q4 Earnings Beat on Higher Revenues

Shares of LPL Financial (LPLA) gained almost 1% in after-market hours on better-than-expected fourth-quarter 2024 results. Its adjusted earnings of $4.25 per share handily outpaced the Zacks Consensus Estimate of$3.92. The bottom line also reflected year-over-year growth of 21.1%.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Results benefited from robust revenue improvement, partly offset by higher expenses. LPLA recorded growth in brokerage and advisory assets, which acted as a ...