Schwab Reports First Quarter Earnings Per Share of $.58, Including $.04 Per Share of Acquisition and Pandemic Response Expenses

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Charles Schwab (SCHW) Misses Q1 EPS by 5c

April 15, 2020 8:47 AM EDT

Charles Schwab (NYSE: SCHW) reported Q1 EPS of $0.58, $0.05 worse than the analyst estimate of $0.63. Revenue for the quarter came in at $2.62 billion versus the consensus estimate of $2.63 billion.

The companys financial results for the first quarter include acquisition-related expenses described below, as well as... More