TD Ameritrade Holding First Quarter Earnings Sneak Peek

TD Ameritrade Holding Corp. (NYSE:AMTD) will unveil its latest earnings tomorrow, Tuesday, January 22, 2013. TD Ameritrade Holding provides securities brokerage services, including trade execution, clearing services, and margin lending, through its broker-dealer subsidiaries.

TD Ameritrade Holding Corp. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 24 cents per share, a decline of 11.1% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 26 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 24 cents during the last month. Analysts are projecting profit to rise by 0% compared to last year’s $1.06.

Past Earnings Performance: The company is looking to top estimates for the third straight quarter. Last quarter, it reported profit of 26 cents per share against a mean estimate of net income of 25 cents, and the quarter before, the company exceeded forecasts by 2 cents with profit of 28 cents versus a mean estimate of net income of 26 cents.

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A Look Back: In the fourth quarter of the last fiscal year, profit fell 12.3% to $143.5 million (26 cents a share) from $163.7 million (29 cents a share) the year earlier, but exceeded analyst expectations. Revenue fell 7.9% to $648.7 million from $704.7 million.

Here’s how TD Ameritrade Holding traded following its last earnings report 3 months ago and leading up to its upcoming earnings report this week: