Interactive Brokers Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

Earnings Report - Interactive Brokers Group, Inc. is set to release its second-quarter earnings results on July 17, with analysts expecting earnings of 45 cents per share, an increase from 44 cents per share in the same period last year [1] - The company is projected to report quarterly revenue of $1.37 billion, compared to $1.23 billion a year earlier [1] Trading Activity - In June, Interactive Brokers reported a daily average of 3.448 million revenue trades, which is a 40% increase compared to the previous year [2] - The company's shares experienced a slight decline of 0.3%, closing at $59.45 [2] Analyst Ratings - Piper Sandler analyst Patrick Moley maintained an Overweight rating and raised the price target from $45.5 to $65 [4] - Barclays analyst Benjamin Budish also maintained an Overweight rating with a price target of $65 [4] - Citigroup analyst Christopher Allen maintained a Buy rating and increased the price target from $53.75 to $60 [4] - Goldman Sachs analyst James Yaro maintained a Buy rating and raised the price target from $212 to $240 [4] - UBS analyst Brennan Hawken maintained a Buy rating but reduced the price target from $230 to $200 [4]