Interactive Brokers Group (IBKR) Releases Earnings Results, Misses Expectations By $-0.02 EPS

Interactive Brokers Group (IBKR) announced its most recent quarterly financial results on Tuesday, Oct-18-2016. IBKR reported $0.30 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.32. The company posted revenue of $345.00 million in the period, compared to analysts expectations of $348.35 million. IBKR’s revenue was down -3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS.

Interactive Brokers Group closed down -0.2 points or -0.55% at $35.92 with 2,83,849 shares getting traded on Friday. Post opening the session at $36.44, the shares hit an intraday low of $35.83 and an intraday high of $36.64 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

In a different news, on Apr 26, 2016, Earl H Nemser (Vice Chairman) sold 4,000 shares at $40.21 per share price. According to the SEC, on Nov 16, 2015, Milan Galik (President) sold 5,584 shares at $42.16 per share price. On Nov 16, 2015, Paul Jonathan Brody (Chief Financial Officer) sold 281 shares at $42.16 per share price, according to the Form-4 filing with the securities and exchange commission.

Interactive Brokers Group Inc. (IBG Inc.) is a holding company. The Company is an automated global electronic broker and market maker specializing in routing orders and executing and processing trades in securities futures foreign exchange instruments bonds and mutual funds on more than 100 electronic exchanges and trading venues around the world. It operates in two segments: electronic brokerage and market making. The Company owns approximately 14.5% in IBG LLC the holding company for its businesses. The Company is the sole managing member of IBG LLC. As a direct market access broker the Company serves the customers of both traditional brokers and prime brokers. It provides its customers with order management trade execution and portfolio management platform. As a market maker it provides continuous bid and offer quotations on over one million securities and futures products listed on electronic exchanges around the world.

Interactive Brokers Group

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