Interactive Brokers Group Inc reports results for the quarter ended June 30 - Earnings Summary

• Interactive Brokers Group Inc IBKR reported quarterly adjusted earnings of 51 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 44 cents. The mean expectation of eight analysts for the quarter was for earnings of 46 cents per share. Wall Street expected results to range from 43 cents to 49 cents per share.

• Revenue rose 14.7% to $1.48 billion from a year ago; analysts expected $1.36 billion.

• Interactive Brokers Group Inc's reported EPS for the quarter was 51 cents​.

• The company reported quarterly net income of $224 million.

• Interactive Brokers Group Inc shares had risen by 7.3% this quarter and gained 34.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 3.4% in the last three months.​

• In the last 30 days, one analyst negatively revised an earnings estimate

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 8 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment banking & brokerage services peer group is also "buy"

• Wall Street's median 12-month price target for Interactive Brokers Group Inc is $65.00, about 8.5% above its last closing price of $59.45

This summary was machine generated from LSEG data July 17 at 09:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)