Schwab Misses Views Even As Trading Swells. The Stock Tests A Critical Level.

Charles Schwab's (SCHW) earnings and revenue narrowly missed analysts' expectations despite strong trading activity, but the stock held up at a critical level. The brokerage firm early today reported adjusted earnings of $1.39 a share, a year-over-year increase of 38%. Analysts' consensus estimate was $1.40 a share. Fourth-quarter revenue climbed 19% to $6.336 billion, just below projections for $6.38 billion,… ...