Home Markets Earnings Estimate Forecast on LPL Financial Holdings Inc.(LPLA)

Earnings Estimate Forecast on LPL Financial Holdings Inc.(LPLA)


LPL Financial Holdings Inc.(LPLA): For the most recent quarter end, LPL Financial Holdings Inc. reported Annual Earnings of $0.46. Based on the filings, last years Annual Earnings was, $2.13. For the most recent quarter end, LPLA reported a surprise Earnings per Share of 27.78% . The consensus estimate for current quarter is $0.54 and for the current fiscal year, the estimate is $2.19. For the Next fiscal year, the estimate is $2.43 based on the consensus.

LPL Financial Holdings Inc. has received $0.54 as the consensus Earnings Estimate for the Quarter ending on Mar 2017 ,According to the estimate provided by 5 Financial Advisor in the Stock Trading Firms. Among 5 Analysts, Bottom line EPS Estimate for the current quarter is $0.48 while the top line estimate is $0.62 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -3.93%. LPL Financial Holdings Inc. reported better than expected with a surprise EPS of 27.78% or $0.1 during its most recent quarterly earnings. The Actual EPS was $0.46 compared to the Estimated EPS of $0.36.

LPL Financial Holdings Inc. has a Price to Earnings ratio of 19.19 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 4.6. For the Most Recent Fiscal Year, LPL Financial Holdings Inc. has a price to cash ratio of 12.33. For the Trailing twelve month period, company showed a Net Profit Margin of 4.74% and Return on Equity of the stock is 25.39%.

LPL Financial Holdings Inc Last issued its quarterly earnings results on Feb 9, 2017. The company reported $0.46 EPS for the quarter, beating the analyst consensus estimate by $ 0.07. Analyst had a consensus of $0.39. The company had revenue of $1007.46 million for the quarter, compared to analysts expectations of $983.97 million. The companys revenue was down -1.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.28 EPS.

Company has reported several Insider transactions to the SEC, on Feb 15, 2017, Marco Hellman (director) sold 900,000 shares at 40.00 per share price.On Feb 15, 2017, Mark S Casady (director) sold 632,324 shares at 40.75 per share price.On Mar 8, 2016, Jeffrey R. Buchheister (EVP, Chief Accounting Officer) purchased 100 shares at 16.40 per share price.

LPL Financial Holdings Inc. (NASDAQ:LPLA) witnessed a decline in the market cap on Wednesday as its shares dropped 1.74% or 0.71 points. After the session commenced at $40.58, the stock reached the higher end at $40.87 while it hit a low of $40.09. With the volume soaring to 820,530 shares, the last trade was called at $40.16. The company has a 52-week high of $42.86. The company has a market cap of $3,586 million and there are 89,296,584 shares in outstanding. The 52-week low of the share price is $17.9.

LPL Financial Holdings Inc. is engaged in providing an integrated platform of brokerage and investment advisory services to independent financial advisors and financial advisors at financial institutions in the United States. Its brokerage offerings include variable and fixed annuities, mutual funds, general securities, alternative investments, retirement plans, fixed income, and insurance offerings. LPL Financial Holdings Inc., formerly known as LPL Investment Holdings Inc., is based in Boston, Massachusetts.



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