Interactive Brokers stock falls 5% after earnings miss

Interactive Brokers Group Inc.

shares fell late Tuesday after the electronic broker missed the Street consensus on earnings. Interactive Brokers shares fell as much as 5% after hours, following a 1.1% gain to close the regular session at $84.74. The company reported first-quarter net income of $148 million, or $1.42 a share, compared with $73 million, or 74 cents a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $1.

shares fell late Tuesday after the electronic broker missed the Street consensus on earnings. Interactive Brokers shares fell as much as 5% after hours, following a 1.1% gain to close the regular session at $84.74. The company reported first-quarter net income of $148 million, or $1.42 a share, compared with $73 million, or 74 cents a share, in the year-ago period. Adjusted earnings, which exclude stock-based compensation expenses and other items, were $1.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves premarket: Charles Schwab, Dell, Alphabet, HP Inc. & moreJPMorgan downgraded Dell to neutral from overweight, citing its preference for HP's expected recovery in the PC segment.
Source: CNBC - 🏆 12. / 72 Read more »