The Charles Schwab Corporation (SCHW) Q2 Earnings and Revenues Beat Estimates

Financial Performance - Charles Schwab Corporation reported quarterly earnings of $1.14 per share, exceeding the Zacks Consensus Estimate of $1.09 per share, and up from $0.73 per share a year ago, representing an earnings surprise of +4.59% [1] - The company posted revenues of $5.85 billion for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.64%, compared to $4.69 billion in the same quarter last year [2] - Over the last four quarters, Charles Schwab has consistently surpassed consensus EPS and revenue estimates [2] Stock Performance - Charles Schwab shares have increased approximately 25.8% since the beginning of the year, significantly outperforming the S&P 500's gain of 7.1% [3] - The current consensus EPS estimate for the upcoming quarter is $1.12 on revenues of $5.73 billion, and for the current fiscal year, it is $4.43 on revenues of $22.95 billion [7] Industry Outlook - The Financial - Investment Bank industry, to which Charles Schwab belongs, is currently ranked in the top 15% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]