Interactive Brokers Group, Inc. (IBKR) Tops Q1 EPS by 6c, Sales Easily Beat

Interactive Brokers Group, Inc. (NASDAQ: IBKR) reported Q1 EPS of $0.35, $0.06 better than the analyst estimate of $0.29. Revenue for the quarter came in at $355 million versus the consensus estimate of $314.8 million.

Business Highlights

• 61% pretax profit margin for this quarter, up from 38% in the year-ago quarter and 42% average for prior year.
• 60% Electronic Brokerage pretax profit margin for this quarter.
• Customer equity grew 38% from the year-ago quarter to $49.0 billion and customer debits increased by 30%, to $14.4 billion.
• Customer accounts grew 16% from the year-ago quarter to 252 thousand.
• Total DARTs increased 25% from the year-ago quarter to 582 thousand.
• Brokerage segment equity was $2.5 billion. Total equity was $5.2 billion.

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

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