Charles Schwab Earnings Preview: Marginally Better Q4 Results Expected

Charles Schwab (NYSE: SCHW) is scheduled to report fourth-quarter 2011 results Monday morning, January 16. Investors could use some good news. Though revenue has risen for four straight quarters, the share price has faced resistance at $13 a since August. And Deutsche Bank last week downgraded the stock due to the challenging environment for online brokers.The analysts' forecast calls for Charles Schwab to report that its per-share earnings came to $0.13 for the quarter, and that revenue totaled $1.1 billion. That compares to $0.10 per share on $1.1 billion in the same period of last year. But note that the EPS estimate is down from $0.16 some 60 days ago. Charles Schwab, though, has not fallen short of EPS estimates in the past five quarters.The forecast for the full year is more promising. Earnings are predicted to come in at $0.71 per share, an increase of 46.5% from the previous year. And analysts are looking for revenues to have risen 10.4% to $4.7 billion. The CompanySan Francisco-based Charles Schwab provides securities brokerage, banking, and related financial services to individuals and institutional clients. It manages more than $1.5 trillion in client assets and operates primarily in the United States, the United Kingdom and ...

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