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LPL Financial (NASDAQ:LPLA – Get Free Report) posted its quarterly earnings results on Thursday. The financial services provider reported $4.51 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.21 by $0.30. LPL Financial had a net margin of 7.91% and a return on equity of 47.01%. The firm had revenue of $3.84 billion for the quarter, compared to analyst estimates of $3.77 billion. During the same quarter in the previous year, the business posted $3.88 earnings per share. The firm’s quarterly revenue was up 30.8% compared to the same quarter last year.
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LPL Financial (NASDAQ:LPLA) Announces Earnings Results, Beats Expectations By $0.30 EPS
