We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
IBKR posted strong results in its latest release, delivering solid growth and a double beat.
Strong account growth and rising trading activity help keep the growth outlook bright.
Shares are up more than 15% over the last three months, crushing the S&P 500.
Interactive Brokers Group (IBKR - Free Report) is an automated global electronic brokerage firm providing trade execution, clearing, and custody services to individual and institutional investors. EPS revisions remain bullish across the board, with the stock sporting a Zacks Rank #1 (Strong Buy).
Image Source: Zacks Investment Research
Interactive Brokers Posts Strong Results
IBKR’s latest set of results came in comfortably above our expectations, posting adjusted earnings of $0.69 per share and revenues of $1.9 billion. Earnings climbed 35% YoY, while revenues jumped a similarly strong 28% from the same period last year.
Image Source: Zacks Investment Research
Customer accounts jumped 34% YoY to roughly 5.2 million during the above-mentioned quarter, while Daily Average Revenue Trades (DARTs) climbed 36%. In addition, commission revenue and net interest income rose 30% and 23% YoY, respectively.
Growth is expected to remain rock-solid for IBKR, with current Zacks Consensus estimates suggesting 18% revenue growth on 23% higher earnings in its current fiscal year, with FY27 estimates suggesting 13% revenue growth on 18% higher earnings.
IBKR shares have enjoyed strong momentum alongside the improving earnings picture, gaining more than 16% over the last three months. While the stock isn’t cheap, robust account growth, rising trading activity, and positive EPS revisions overall keep the near-term outlook bright.
Image Source: Zacks Investment Research
Bottom Line
Investors can implement a stellar strategy to find expected winners by taking advantage of the Zacks Rank – one of the most powerful market tools that provides a massive edge.
The top 5% of all stocks receive the highly coveted Zacks Rank #1 (Strong Buy). These stocks should outperform the market more than any other rank.
Interactive Brokers (IBKR - Free Report) would be an excellent stock for investors to consider, as displayed by its Zack Rank #1 (Strong Buy).
View the Zacks #1 Rank List
Bull of the Day: Interactive Brokers (IBKR)
Key Takeaways
Interactive Brokers Group (IBKR - Free Report) is an automated global electronic brokerage firm providing trade execution, clearing, and custody services to individual and institutional investors. EPS revisions remain bullish across the board, with the stock sporting a Zacks Rank #1 (Strong Buy).
Image Source: Zacks Investment Research
Interactive Brokers Posts Strong Results
IBKR’s latest set of results came in comfortably above our expectations, posting adjusted earnings of $0.69 per share and revenues of $1.9 billion. Earnings climbed 35% YoY, while revenues jumped a similarly strong 28% from the same period last year.
Image Source: Zacks Investment Research
Customer accounts jumped 34% YoY to roughly 5.2 million during the above-mentioned quarter, while Daily Average Revenue Trades (DARTs) climbed 36%. In addition, commission revenue and net interest income rose 30% and 23% YoY, respectively.
Growth is expected to remain rock-solid for IBKR, with current Zacks Consensus estimates suggesting 18% revenue growth on 23% higher earnings in its current fiscal year, with FY27 estimates suggesting 13% revenue growth on 18% higher earnings.
IBKR shares have enjoyed strong momentum alongside the improving earnings picture, gaining more than 16% over the last three months. While the stock isn’t cheap, robust account growth, rising trading activity, and positive EPS revisions overall keep the near-term outlook bright.
Image Source: Zacks Investment Research
Bottom Line
Investors can implement a stellar strategy to find expected winners by taking advantage of the Zacks Rank – one of the most powerful market tools that provides a massive edge.
The top 5% of all stocks receive the highly coveted Zacks Rank #1 (Strong Buy). These stocks should outperform the market more than any other rank.
Interactive Brokers (IBKR - Free Report) would be an excellent stock for investors to consider, as displayed by its Zack Rank #1 (Strong Buy).