Core Viewpoint - Analysts project that Interactive Brokers Group, Inc. (IBKR) will report quarterly earnings of $0.49 per share, reflecting a year-over-year decline of 3.9%, while revenues are expected to reach $1.43 billion, an increase of 0.8% from the same quarter last year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 0.9% in the past 30 days, indicating a reassessment by covering analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions, with empirical studies showing a strong correlation between earnings estimate revisions and short-term stock performance [3] Key Metrics Projections - Analysts predict 'Customer Statistics - Total Accounts' will reach 4.03 million, up from 3.34 million in the same quarter last year [5] - The estimate for 'Average interest-earning assets' is projected at $167.26 billion, compared to $148.36 billion a year ago [5] - 'Customer Statistics - Customer Equity' is expected to be 704.07 billion, up from 568.20 billion year-over-year [6] - The consensus for 'Other fees and services' is $72.93 million, down from $81.00 million in the same quarter last year [6] Income Projections - 'Interest income' is forecasted to reach $1.80 billion, compared to $1.86 billion in the same quarter last year [7] - 'Commissions' are expected to be $536.05 million, up from $477.00 million year-over-year [7] - 'Total net interest income' is projected at $821.58 million, compared to $807.00 million in the same quarter last year [8] - 'Other income' is expected to reach $26.63 million, up from $22.00 million a year ago [8] - 'Total non-interest income' is projected at $635.61 million, compared to $580.00 million in the same quarter last year [9] Market Performance - Over the past month, Interactive Brokers shares have returned +11.9%, outperforming the Zacks S&P 500 composite's +2.1% change [9] - Based on its Zacks Rank 2 (Buy), IBKR is expected to outperform the overall market in the upcoming period [9]
Unlocking Q4 Potential of Interactive Brokers (IBKR): Exploring Wall Street Estimates for Key Metrics