IBKR Tanks on Q1 Earnings Miss, Announces Dividend Hike & Stock Split

Shares of Interactive Brokers Group (IBKR) plunged 9.9% in after-market hours on lower-than-expected quarterly results. Its first-quarter 2025 adjusted earnings per share of $1.88 lagged the Zacks Consensus Estimate of$1.92. However, the bottom line indicates a rise of 14.6% from the prior-year quarter.Concurrently, IBKR announced a forward stock split and an increase in quarterly dividends.Results were adversely impacted by higher expenses. On the other hand, an increase in revenues and growth in customer ...