FMP
Jan 19, 2023 10:04 PM - Davit Kirakosyan
The Charles Schwab Corporation (NYSE:SCHW) dropped more than 8% since the company’s reported worse-than-expected Q4 results on Wednesday and a double downgrade from BofA Securities today. EPS came in at $1.07, compared to the Street estimate of $1.09. Revenue was $5.5 billion, missing the Street estimate of $5.56 billion.
Net interest revenue grew 33% year-over-year to $10.7 billion, as higher interest rates outweigh the negative effects of balance sheet contraction caused by client cash sorting.
Analysts at Deutsche Bank view the quarterly results as being mixed, with better-than-expected NII, cost control, and capital return, offset by weaker fees in the Ameritrade Bank Deposit Account (BDA), as well as fee rate pressure in asset management & admin services.
While the analysts now expect lower revenue yield in the BDA to reduce the company's 2023 EPS growth rate to 23-24% from 27% previously, they continue to expect EPS growth to exceed 20% in 2023 and 2024, after EPS growth of 20% in 2022 & 37% in 2021.
Sep 11, 2023 - Rajnish Katharotiya
During this post we are going to perform an industry analysis with Python. We will build, analyse and compare all stocks operating within an industry. To do so, we will pick an industry and get all important financial metrics for companies operating in that industry. Then, we will use a couple of fi...
Sep 11, 2023 - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 - Rajnish Katharotiya
Would you like to know how your portfolio is performing and how much risk you are taking? In this post, you will learn how to measure portfolio risk and calculate portfolio returns using Python. We will see step by step how to calculate the risk and returns of a portfolio containing four stocks Appl...