TD AMERITRADE Fourth Quarter Earnings on the Horizon

TD AMERITRADE Holding Corp. (NASDAQ:AMTD) will unveil its latest earnings on Tuesday, October 25, 2011. 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 30 cents per share, a rise of 50% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 27 cents. Between one and three months ago, the average estimate moved up. It has risen from 29 cents during the last month. For the year, analysts are projecting profit of $1.12 per share, a rise of 15.5% from last year.

Past Earnings Performance: The company fell short of estimates last quarter after topping forecasts the quarter prior. In the third quarter, it reported net income of 27 cents per share against a mean estimate of 29 cents. Two quarters ago, it beat expectations by 2 cents with profit of 30 cents.

Investing Insights: has a Stock Chart Technical Analysts Dream About.

Wall St. Revenue Expectations: Analysts are projecting a rise of 17.4% in revenue from the year-earlier quarter to $714.6 million.

Analyst Ratings: Analysts are bullish on TD AMERITRADE as eight analysts rate it as a buy, none rate it as a sell and eight rate it as a hold.

A Look Back: In the third quarter, profit fell 12.3% to $157.4 million (27 cents a share) from $179.4 million (30 cents a share) the year earlier, missing analyst expectations. Revenue fell 1.1% to $685.8 million from $693.2 million.

Key Stats:

A year-over-year revenue decrease in the third quarter snapped a streak of two consecutive quarters of revenue increases. Revenue rose 13% in the second quarter and 5% in the first quarter.

The decrease in profit in the third quarter broke a streak of two consecutive quarters of year-over-year profit increases. Net income rose 5.6% in the second quarter and 6.5% in the first quarter.

Competitors to Watch: The Charles Schwab Corp. (NYSE:SCHW), E TRADE Financial Corp. (NASDAQ:ETFC), optionsXpress Hldgs., Inc. (NASDAQ:OXPS), TradeStation Group, Inc. (NASDAQ:TRAD), Raymond James Financial, Inc. (NYSE:RJF), Interactive Brokers Group, Inc. (NASDAQ:IBKR), National Holdings Corp. (NHLD), Investors Capital Hldgs. Ltd (AMEX:ICH), Bank of America Corp. (NYSE:BAC), and Oppenheimer Hldgs. Inc. (NYSE:OPY).

Stock Price Performance: During July 26, 2011 to October 19, 2011, the stock price had fallen $3.80 (-19.8%) from $19.24 to $15.44. The stock price saw one of its best stretches over the last year between September 9, 2011 and September 16, 2011 when shares rose for six-straight days, rising 8.9% (+$1.22) over that span. It saw one of its worst periods between June 2, 2011 and June 13, 2011 when shares fell for eight-straight days, falling 8.9% (-$1.82) over that span. Shares are down $3.41 (-18.1%) year to date.

(Source: Xignite Financials)

Investing Insights: has a Stock Chart Technical Analysts Dream About.