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LPL Financial (LPLA) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
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For the quarter ended June 2026, LPL Financial Holdings Inc. (LPLA - Free Report) reported revenue of $5.05 billion, up 34.5% over the same period last year. EPS came in at $5.84, compared to $4.51 in the year-ago quarter.
The reported revenue represents a surprise of +0.31% over the Zacks Consensus Estimate of $5.03 billion. With the consensus EPS estimate being $5.39, the EPS surprise was +8.35%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how LPL Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Advisory and Brokerage Assets - Brokerage assets: $1,014.30 billion versus $963.52 billion estimated by three analysts on average.
Advisory and Brokerage Assets - Total: $2,562.70 billion versus $2,411.01 billion estimated by three analysts on average.
Advisory and Brokerage Assets - Advisory assets: $1,548.40 billion versus $1,447.46 billion estimated by three analysts on average.
Advisors: 32,475 versus 32,219 estimated by three analysts on average.
Revenue- Commission- Total: $1.23 billion versus the four-analyst average estimate of $1.21 billion. The reported number represents a year-over-year change of +18.7%.
Revenue- Service and fee: $208.88 million versus the four-analyst average estimate of $202.83 million. The reported number represents a year-over-year change of +37.6%.
Revenue- Asset-based - Client cash: $443.5 million versus $463.47 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +11.6% change.
Revenue- Asset-based- Total: $835.14 million compared to the $848.04 million average estimate based on four analysts. The reported number represents a change of +18.9% year over year.
Revenue- Transaction: $83.22 million versus $88.07 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +37.5% change.
Revenue- Asset-based - Other asset-based: $391.64 million versus the four-analyst average estimate of $384.57 million. The reported number represents a year-over-year change of +28.4%.
Revenue- Advisory: $2.63 billion compared to the $2.64 billion average estimate based on four analysts. The reported number represents a change of +53.3% year over year.
Revenue- Commission- Sales-based: $728.16 million versus $712.84 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +17.5% change.
Shares of LPL Financial have returned +15.2% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
View the Zacks #1 Rank List
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LPL Financial (LPLA) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
For the quarter ended June 2026, LPL Financial Holdings Inc. (LPLA - Free Report) reported revenue of $5.05 billion, up 34.5% over the same period last year. EPS came in at $5.84, compared to $4.51 in the year-ago quarter.
The reported revenue represents a surprise of +0.31% over the Zacks Consensus Estimate of $5.03 billion. With the consensus EPS estimate being $5.39, the EPS surprise was +8.35%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how LPL Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:View all Key Company Metrics for LPL Financial here>>>
Shares of LPL Financial have returned +15.2% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.