Interactive Brokers (IBKR) Misses Q4 EPS by 3c

Interactive Brokers (NASDAQ: IBKR) reported Q4 EPS of $0.58, $0.03 worse than the analyst estimate of $0.61. Revenue for the quarter came in at $503 million versus the consensus estimate of $504.55 million.

Fourth Quarter 2019:

• 62% pretax profit margin for this quarter, down from 63% in the year-ago quarter.
• 65% Electronic Brokerage pretax profit margin for this quarter, up from 63% in the year-ago quarter.
• Customer equity grew 36% from the year-ago quarter to $174.1 billion and customer debits increased 15% to $31.0 billion.
• Customer accounts increased 15% from the year-ago quarter to 690 thousand.
• Total DARTs2 decreased 16% from the year-ago quarter to 797 thousand.
• Brokerage segment equity was $6.8 billion. Total equity was $7.9 billion.

For earnings history and earnings-related data on Interactive Brokers (IBKR) click here.

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