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.
Ahead of Interactive Brokers Group, Inc. (IBKR) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Read MoreHide Full Article
Analysts on Wall Street project that Interactive Brokers Group, Inc. (IBKR - Free Report) will announce quarterly earnings of $1.48 per share in its forthcoming report, representing an increase of 13.9% year over year. Revenues are projected to reach $1.12 billion, increasing 14.4% from the same quarter last year.
The consensus EPS estimate for the quarter has been revised 1.3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Interactive Brokers Group, Inc. metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus estimate for 'Total Brokerage Accounts' stands at 2,472.32 thousand. The estimate is in contrast to the year-ago figure of 2,091 thousand.
It is projected by analysts that the 'Brokerage - Cleared DARTs' will reach 1,689.98 thousand. Compared to the current estimate, the company reported 1,689 thousand in the same quarter of the previous year.
Analysts forecast 'Commission per Cleared Commissionable Order' to reach $2.92. The estimate compares to the year-ago value of $3.15.
Analysts' assessment points toward 'Brokerage - Customer equity' reaching 385.24 billion. Compared to the present estimate, the company reported 306.7 billion in the same quarter last year.
The collective assessment of analysts points to an estimated 'Other fees and services' of $47.00 million. The estimate compares to the year-ago value of $43 million.
According to the collective judgment of analysts, 'Interest income' should come in at $1.63 billion. Compared to the current estimate, the company reported $1.11 billion in the same quarter of the previous year.
The consensus among analysts is that 'Commissions' will reach $325.56 million. Compared to the present estimate, the company reported $331 million in the same quarter last year.
Over the past month, shares of Interactive Brokers Group, Inc. have returned +4.7% versus the Zacks S&P 500 composite's +3.4% change. Currently, IBKR carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Ahead of Interactive Brokers Group, Inc. (IBKR) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Analysts on Wall Street project that Interactive Brokers Group, Inc. (IBKR - Free Report) will announce quarterly earnings of $1.48 per share in its forthcoming report, representing an increase of 13.9% year over year. Revenues are projected to reach $1.12 billion, increasing 14.4% from the same quarter last year.
The consensus EPS estimate for the quarter has been revised 1.3% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Interactive Brokers Group, Inc. metrics that are routinely monitored and predicted by Wall Street analysts.
The consensus estimate for 'Total Brokerage Accounts' stands at 2,472.32 thousand. The estimate is in contrast to the year-ago figure of 2,091 thousand.
It is projected by analysts that the 'Brokerage - Cleared DARTs' will reach 1,689.98 thousand. Compared to the current estimate, the company reported 1,689 thousand in the same quarter of the previous year.
Analysts forecast 'Commission per Cleared Commissionable Order' to reach $2.92. The estimate compares to the year-ago value of $3.15.
Analysts' assessment points toward 'Brokerage - Customer equity' reaching 385.24 billion. Compared to the present estimate, the company reported 306.7 billion in the same quarter last year.
The collective assessment of analysts points to an estimated 'Other fees and services' of $47.00 million. The estimate compares to the year-ago value of $43 million.
According to the collective judgment of analysts, 'Interest income' should come in at $1.63 billion. Compared to the current estimate, the company reported $1.11 billion in the same quarter of the previous year.
The consensus among analysts is that 'Commissions' will reach $325.56 million. Compared to the present estimate, the company reported $331 million in the same quarter last year.
View all Key Company Metrics for Interactive Brokers Group, Inc. here>>>
Over the past month, shares of Interactive Brokers Group, Inc. have returned +4.7% versus the Zacks S&P 500 composite's +3.4% change. Currently, IBKR carries a Zacks Rank #4 (Sell), suggesting that it may underperform the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>