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E*TRADE Financial Corporation

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Shares of E*TRADE have outperformed the industry over the past three months. Also, earnings stimates have been revised upward ahead of the company's fourth quarter 2018 results. Further, the company has an impressive earnings surprise history. It surpassed the Zacks Consensus Estimate for earnings in each of the trailing four quarters. The company’s several restructuring measures and balance-sheet growth plans keep us encouraged. Also, E*TRADE’s focus on core operations and strategic initiatives will likely lead to an improved top-line performance. However, intense competition and rising costs can have an adverse impact on the company’s customer base and consequently on its profitability. Nevertheless, rising interest rates environment continues to support E*TRADE's interest income.

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