The Charles Schwab Corp Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component The Charles Schwab Corp (NYSE:SCHW) will unveil its latest earnings on Monday, January 16, 2012. Charles Schwab is a savings and loan holding company. Through its subsidiaries, the company provides individuals and institutional clients with securities brokerage, banking and related financial services.

The Charles Schwab Corp Earnings Preview Cheat Sheet.

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 13 cents per share, a rise of 30% 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 18 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 16 cents during the last month. For the year, analysts are projecting profit of 71 cents per share, a rise of 86.8% from last year.

Past Earnings Performance: Last quarter, the company fell short of estimates by 0 cents, coming in at net income of 18 cents per share against a mean estimate of profit of 19 cents. The company fell in line with expectations in the second quarter.

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Wall St. Revenue Expectations: On average, analysts predict $1.12 billion in revenue this quarter, a decline of 0.9% from the year ago quarter. Analysts are forecasting total revenue of $4.7 billion for the year, a rise of 10.6% from last year’s revenue of $4.25 billion.

Analyst Ratings: Analysts seem relatively indifferent about Charles Schwab with eight of 15 analysts surveyed maintaining a hold rating.

A Look Back: In the third quarter, profit rose 77.4% to $220 million (18 cents a share) from $124 million (10 cents a share) the year earlier, but fell short analyst expectations. Revenue rose 10.9% to $1.25 billion from $1.12 billion.

Key Stats:.

Revenue has risen the past four quarters. Revenue rose 9.2% in the second quarter from the year earlier, climbed 20.2% in the first quarter from the year-ago quarter and 12.5% in the fourth quarter of the last fiscal year.

Competitors to Watch: optionsXpress Hldgs., Inc. (NASDAQ:OXPS), TD Ameritrade Holding Corp. (NASDAQ:AMTD), E TRADE Financial Corp. (NASDAQ:ETFC), Interactive Brokers Group, Inc. (NASDAQ:IBKR), LPL Investment Hldgs. Inc. (NASDAQ:LPLA), TradeStation Group, Inc. (NASDAQ:TRAD), Investment Tech. Group (NYSE:ITG), Bank of America Corp. (NYSE:BAC), Penson Worldwide, Inc. (NASDAQ:PNSN), and Raymond James Financial, Inc. (NYSE:RJF).

Stock Price Performance: During January 4, 2012 to January 10, 2012, the stock price had risen 58 cents (4.9%) from $11.73 to $12.31. It saw one of its worst periods between November 11, 2011 and November 23, 2011 when shares fell for nine-straight days, falling 13% (-$1.61) over that span. The stock price saw one of its best stretches over the last year between March 16, 2011 and March 25, 2011 when shares rose for eight-straight days, rising 5.4% (+92 cents) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks).

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com