) Overview

Automated broker’s Q2 revenue rose, beating analyst expectations
Adjusted EPS for Q2 increased yr/yr and beat analyst expectations
Commission revenue rose 30% on higher customer trading volumes Outlook
Company did not provide specific guidance for the current or future periods Result Drivers
HIGHER TRADING VOLUMES - Commission revenue rose 30% on increased customer trading in options, stocks, and futures
NET INTEREST INCOME - Net interest income increased 23% on higher average customer margin loans and credit balances
OTHER FEES AND SERVICES - Other fees and services increased 40%, led by higher payments for order flow, risk exposure fees, and market data fees Company press release: Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q2 Beat $1.90 $1.76

Revenue bln bln (5

Analysts

)

Q2 Beat $0.69 $0.64 (8

Adjusted Analysts

Q2 Net $1.34

Income bln

Q2 Net $1.06

Interest bln

Income

Dividend

Analyst Coverage

The current average analyst rating on the shares is “buy” and the breakdown of recommendations is 12 “strong buy” or “buy”, 1 “hold” and no “sell” or “strong sell”
The average consensus recommendation for the investment banking & brokerage services peer group is “buy”
Wall Street’s median 12-month price target for Interactive Brokers Group Inc is $103.50, about 12.9% above its July 20 closing price of $91.68
The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 26 three months ago Reuters Recommended Reads
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July 21 - Switzerland’s Julius Baer H1 net profit more than doubles, helped by high client activity For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact . (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)