LPL Financial(LPLA)

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LPL Financial(LPLA) - 2024 Q3 - Earnings Call Transcript
2024-10-31 03:15
LPL Financial Holdings Inc. (NASDAQ:LPLA) Q3 2024 Earnings Conference Call October 30, 2024 5:00 PM ET Company Participants Rich Steinmeier – Chief Executive Officer Matt Audette – President and Chief Financial Officer Conference Call Participants Alex Blostein – Goldman Sachs Steven Chubak – Wolfe Research Michael Cyprys – Morgan Stanley Craig Siegenthaler – Bank of America Mike Brown – Wells Fargo Securities Operator Good afternoon and thank you for joining the Third Quarter 2024 Earnings Conference Call ...
Here's What Key Metrics Tell Us About LPL Financial (LPLA) Q3 Earnings
ZACKS· 2024-10-30 23:36
LPL Financial Holdings Inc. (LPLA) reported $3.11 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 23.2%. EPS of $4.16 for the same period compares to $3.74 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $3.01 billion, representing a surprise of +3.40%. The company delivered an EPS surprise of +12.74%, with the consensus EPS estimate being $3.69. While investors closely watch year-over-year changes in headline numbers -- revenue ...
LPL Financial Holdings Inc. (LPLA) Q3 Earnings and Revenues Top Estimates
ZACKS· 2024-10-30 23:10
LPL Financial Holdings Inc. (LPLA) came out with quarterly earnings of $4.16 per share, beating the Zacks Consensus Estimate of $3.69 per share. This compares to earnings of $3.74 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 12.74%. A quarter ago, it was expected that this company would post earnings of $3.66 per share when it actually produced earnings of $3.88, delivering a surprise of 6.01%. Over the last four quarters, ...
LPL Financial(LPLA) - 2024 Q3 - Earnings Call Presentation
2024-10-30 22:24
LPL Financial LPL Financial Holdings Inc. Q3 2024 Investor Presentation October 30, 2024 Member FINRA/SIPC Notice to Investors: Safe Harbor Statement Statements in this presentation regarding LPL Financial Holdings Inc.'s (together with its subsidiaries, the "Company") future financial and operating results, growth, plans, priorities, business strategies, capabilities, and outlook, including forecasts and statements relating to the Company's future advisory and brokerage asset levels and mix, organic asset ...
LPL Financial(LPLA) - 2024 Q3 - Quarterly Results
2024-10-30 20:08
= LPL Finan‹ For Immediate Release LPL Financial Announces Third Quarter 2024 Results Key Financial Results • Net Income was $255 million, translating to diluted earnings per share ("EPS") of $3.39, up 16% from a year ago • Adjusted EPS* increased 11% year-over-year to $4.16 ◦ Gross profit* increased 12% year-over-year to $1,128 million ◦ Core G&A* increased 5% year-over-year to $359 million ◦ Adjusted EBITDA* increased 12% year-over-year to $566 million Key Business Results • Total advisory and brokerage a ...
Unveiling LPL Financial (LPLA) Q3 Outlook: Wall Street Estimates for Key Metrics
ZACKS· 2024-10-29 14:21
In its upcoming report, LPL Financial Holdings Inc. (LPLA) is predicted by Wall Street analysts to post quarterly earnings of $3.69 per share, reflecting a decline of 1.3% compared to the same period last year. Revenues are forecasted to be $3.01 billion, representing a year-over-year increase of 19.2%. The current level reflects a downward revision of 3.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised ...
Analysts Estimate LPL Financial Holdings Inc. (LPLA) to Report a Decline in Earnings: What to Look Out for
ZACKS· 2024-10-23 15:07
The market expects LPL Financial Holdings Inc. (LPLA) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expec ...
Why LPL Financial Holdings Inc. (LPLA) is a Top Value Stock for the Long-Term
ZACKS· 2024-09-25 14:46
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. It also includes access to the Zacks Style Scores. What are the Zacks Style Scores? Develop ...
Why LPL Financial Holdings Inc. (LPLA) is a Top Growth Stock for the Long-Term
ZACKS· 2024-09-24 14:51
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. The research service features daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, all of which will help you become a smarter, more confident investor. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Za ...
LPLA's August Brokerage and Advisory Assets Up on Upbeat Markets
ZACKS· 2024-09-20 12:36
LPL Financial's (LPLA) total brokerage and advisory assets were $1.56 trillion at the end of August 2024, increasing 2% from the prior month and 22.7% year over year. The rise in the company's assets balance was driven by a robust market performance. Of LPLA's total assets, brokerage assets were $690.6 billion and advisory assets amounted to $869.5 billion. Brokerage assets grew 1.8% from July 2024 and 17% year over year. Advisory assets rose 2.2% from the previous month and 27.7% from August 2023. Total ne ...