Charles Schwab Q3 Adj. EPS $1.69 Beats $1.66 Estimate, Sales $7.171B Miss $7.192B Estimate

Charles Schwab (NYSE:SCHW) reported quarterly earnings of $1.69 per share which beat the analyst consensus estimate of $1.66 by 1.81 percent. This is a 29.01 percent increase over earnings of $1.31 per share from the same period last year. The company reported quarterly sales of $7.171 billion which missed the analyst consensus estimate of $7.192 billion by 0.30 percent. This is a 16.89 percent increase over sales of $6.135 billion the same period last year.