Investing.com - LPL Financial reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that was inline with expectations.
LPL Financial announced earnings per share of $2.86 on revenue of $2.16. Analysts polled by Investing.com anticipated EPS of $2.89 on revenue of $2.16B.
LPL Financial shares are down 33% from the beginning of the year , still down 1.66% from its 52 week high of $256.59 set on Thursday, October 27, 2022.
LPL Financial shares gained 0.30% in after-hours trade the report.
LPL Financial follows other major Financial sector earnings this month
LPL Financial's report follows an earnings beat by JPMorgan on Friday, October 14, 2022, who reported EPS of $3.12 on revenue of $32.7B, compared to forecasts EPS of $2.92 on revenue of $32.13B.
Bank of America had beat expectations on Monday, October 17, 2022 with third quarter EPS of $0.81 on revenue of $24.5B, compared to forecast for EPS of $0.7816 on revenue of $23.56B.
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